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Make your investment profitable
by Jeong-woo Cho - Wednesday, 10 September 2014, 3:27 PM
 

Dear everyone,

We will resume our next lecture from Slide 11 of "Queuing Theory". We have encountered one of key concepts in the course, "Little's Law". I suppose that a considerable part of the textbook can be self-studied (if that's not the case, start reading them). For example, you can refer to Chapter 2 whenever needs for confidence interval arise. However, I strongly recommend that you read a few chapters, at least, Chapters 7 and 8 in order to make your investment of time profitable. I believe it is imperative to understand the abstract ideas of those theorems as much as possible so that you can apply them later to your research problems. Lastly, don't depair too much. Even mathematicians find it challening to comprehend vast implications of theorems.

Note also that Homework #1 is due on this Sunday.