Gamma Distribution

A continuous random variable $X$ is said to have an gamma distribution with parameters $\alpha$ and $\beta$ if its p.d.f. is given by

$$ \begin{equation*} f(x)=\left\{ \begin{array}{ll} \frac{\alpha^\beta}{\Gamma(\beta)}x^{\beta -1}e^{-\alpha x}, & \hbox{$x>0;\alpha, \beta >0$;} \\ 0, & \hbox{Otherwise.} \end{array} \right. \end{equation*} $$

Mean of Gamma Distribution

The mean or expected value of gamma random variable is

$E(X)= \dfrac{\beta}{\alpha}$

Variance of Gamma distribution

The variance of gamma random variable is

$V(X) = \dfrac{\beta}{\alpha^2}$.

Harmonic Mean of Gamma Distribution

The harmonic mean of gamma random variable is

$H=\frac{\beta-1}{\alpha}$.

Mode of Gamma distribution

The mode of gamma random variable is

$\dfrac{\beta-1}{\alpha}$.

M.G.F. of Gamma Distribution

The moment generating function of gamma random variable is

$M_X(t)=\bigg(1-\dfrac{t}{\alpha}\bigg)^{-\beta}, t<\alpha$

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