I am trying to solve the following problem
Assume busses arrive with the interval exactly 10 min one after another. At the end of a working day, I take a bus home. Let α be my expected waiting time for the train. Find α.
So, my approach here is as follows, first I need to model the following distribution, then integrate the PDF of the corresponding distribution to find the expected value. The problem is, I am not sure whether the distribution is Exponential with lambda 1/10. I am given the waiting time between two successive events, but it is not the average waiting time, and that confuses me. Can you help me understand the distribution??
I see the problem is in modelling, so let me propose two models:
In all possible models, my waiting time $X$ is a random variable with values in $[0,10]$ (measured in minutes). In both cases above, $X$ is actually uniformly distributed, which gives us the estimates time of $5$ minutes.
The modelling part is not strictly mathematical. The author of the problem probably wants you to assume (or realize, in part) that the waiting time is uniformly distributed in $[0,10]$. However, one can come up with different models: