I have learnt that in radioactivity $λ=\ln2/t_{1/2}$, thus showing the link between λ and radioactive half time. I have also learnt how to apply it in calculations (such as $R={R_0}e^{-λt}$) etc.
Now I just learnt that average life-span of radioactive substances is calculated as $1/λ$.
This leads me to the following two questions:
- What does $λ$ actually stand for? My book teaches how to use it, but never defines the meaning beyond stating that it is the "constant of radioactive decay".
- Is there a way we can mathematically show why $1/λ$ is equal to average life-span, perhaps linking it back to $λ=\ln2/t_{1/2}$?