decayparameter
Decayparameter is a term used in science and mathematics to describe a quantity that controls the rate at which another quantity decreases over time in a decay process. It is most commonly represented by the symbol lambda (λ) and is central to models that exhibit exponential decline.
In continuous-time models, the decay is usually described by the differential equation dN/dt = -λ N, where N(t)
The decay parameter also appears in stochastic and statistical contexts. In processes with random events occurring
Notes on interpretation: while λ is often treated as a constant intrinsic to a system, in real-world