Intro to Probabilistic Methods
Queueing theory is the mathematical study of waiting lines or queues, which focuses on analyzing various processes related to service and customer interactions. This theory helps in understanding how systems manage congestion and optimize service efficiency, linking closely to probability mass functions that describe discrete outcomes and Markov chains that model state transitions over time. Additionally, it applies Poisson processes to model random arrivals, providing insights into real-world applications like telecommunications, traffic flow, and customer service.
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