Sitting in traffic may be a fact of life in Bangkok and many other cities, but efficient queueing techniques discussed in this class can improve the efficiency of many lines in which we wait. (Photo courtesy of *keng.)
Instructor(s)
Prof. Daniel Frey
Prof. Richard C. Larson
MIT Course Number
ESD.86
As Taught In
Spring 2007
Level
Graduate
Course Description
Course Features
- Lecture notes
- Assignments: problem sets with solutions
- Assignments: written with examples
- Exams (no solutions)
Course Description
In this class, students use data and systems knowledge to build models of complex socio-technical systems for improved system design and decision-making. Students will enhance their model-building skills, through review and extension of functions of random variables, Poisson processes, and Markov processes; move from applied probability to statistics via Chi-squared t and f tests, derived as functions of random variables; and review classical statistics, hypothesis tests, regression, correlation and causation, simple data mining techniques, and Bayesian vs. classical statistics. A class project is required.