If one starts with $N_0$ nuclei at $t=0$, then after time $t$, the number of nuclei left un-disintegrated are given by $$N(t)=N(0)\exp(-\lambda t)\tag{1}.$$
Is there a similar statistical decay law for an assembly of atoms in a two-level system with energies $E_1$ and $E_2(>E_1)$? If at $t=0$, $N_0$ atoms are made to populate the excited state $E_2$, do we expect at a later time the population of the level $E_2$ to exponentially deplete like (1)?
If not, what type of depletion law in time do we expect?
I'm not interested in what a single atom does in presence of interaction. I know that in presence of time-dependent interactions, a single atom in a simple two-level system makes back and forth transition between the levels. My question is about the overall statistical behavior of an assembly of atoms in a two-level system prepared in the excited state at $t=0$.