Suppose that we have a sequence of occurrences

Suppose that we have a sequence of occurrences

We assume that the timeX between occurrences is exponentially distributed with = 1/10, so on theaverage, there is one occurrence every 10 minutes. Youcome upon this system at time 100, and wait until the next occurrence. Makea conjecture concerning how long, on the average, you will have to wait. Writea program to see if your conjecture is right.

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