AMS 550, Stochastic Models
Includes Poisson processes, renewal theory, discrete-time and continuous-time Markov processes, Brownian motion, applications to queues, statistics, and other problems of engineering and social sciences. This course is offered as both MBA 550 and AMS 550.
Prerequisite: AMS 507
3 credits, ABCF grading

Text:Introduction to Probability Models, by S. Ross, Tenth Edition, Academic Press
ISBN-13: 9780123756862

Spring Semester