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Mean gap between thank-you cards from two firms

Question

Clients arrive at two quant firms according to independent Poisson processes with rates 66 and 1010. Each client of the first firm leaves a glowing review with probability 16\tfrac16, and each client of the second with probability 15\tfrac15, independently. Every client who leaves a glowing review is mailed a thank-you card. What is the expected waiting time between successive card-receiving clients (across both firms)?

Short answer

1/31/3. Thinning a Poisson process keeps it Poisson: the card streams have rates 6⋅16=16\cdot\tfrac16=1 and 10⋅15=210\cdot\tfrac15=2. Superposing independent Poisson streams adds rates, giving rate 33, so gaps are Exp(3)\text{Exp}(3) with mean 13\tfrac13.

Adapted from QuantQuestions.io; question and answer rewritten by SelfMadeQuant.com.

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