Difference between Renewal Process and Poisson Processes

  • #1
Hey All,

Can someone please explain to me the difference between a Poisson Process and a Renewal Process ? is it just that the Holding times for Poisson processes are exponential and Holding times for Renewal Processes are any kind of probability distribution (as the wiki page seems to imply)

If this is the case I don't understand why on the wiki page when reffering to the "Proof of the renewal equation" they invoke the Markov property - which I thought only held for memoryless (i.e. exponential ) distributions

Thanks
 

Answers and Replies

Related Threads on Difference between Renewal Process and Poisson Processes

  • Last Post
Replies
4
Views
3K
  • Last Post
Replies
6
Views
3K
  • Last Post
Replies
4
Views
6K
  • Last Post
Replies
1
Views
1K
  • Last Post
Replies
4
Views
2K
  • Last Post
Replies
0
Views
1K
Replies
2
Views
2K
Replies
2
Views
2K
Top