Concept

Exponential decay

Summary
A quantity is subject to exponential decay if it decreases at a rate proportional to its current value. Symbolically, this process can be expressed by the following differential equation, where N is the quantity and λ (lambda) is a positive rate called the exponential decay constant, disintegration constant, rate constant, or transformation constant: :\frac{dN}{dt} = -\lambda N. The solution to this equation (see derivation below) is: :N(t) = N_0 e^{-\lambda t}, where N(t) is the quantity at time t, N0 = N(0) is the initial quantity, that is, the quantity at time t = 0. Measuring rates of decay Mean lifetime If the decaying quantity, N(t), is the number of discrete elements in a certain set, it is possible to compute the average length of time that an element remains in the set. This is called the mean lifetime (or simply the lifetime), where the exponential time constant, \tau
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