In the Yule process, each of branches gives birth independently at rate per generation. The next birth therefore has total rate . Its waiting time has an exponential distribution, so the mean phylogenetic epoch duration is
For the ensuing calculation use , and . This is the inter-event waiting-time convention requested in the question, including an observation interval with four branches. Stopping the forward process immediately when the fourth branch is born would instead leave a zero terminal interval and describe a different sampling convention.

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