Fall 2016
MIE Department
Prof. Ergai
EMGT 6225 Economic Decision Making
Schedule
Date
Activity
Friday, 9 September 2016
Introductions, Basics of Engineering
Economy?
Tuesday, 13 September 2016
Time Value of Money (TVOM)
Friday, 16 September 2016
Analyzing
Statistics, Intensive Week 2 Assignment.
Chapter 2, Question 23
A) Quantitative variables are when the variable studied can be reported numerically, they are
either discrete or continuous; meaning that there is a natural order to the results. Interval and
OR 7230 Homework #3
Due on Monday, February 27 beginning of the class
1. (10 points) For a Poisson process show, for < , that
!
!
= = =
1
, = 0,1, ,
2. (10 points) Let cfw_ , 0 be a Poisson process with rate . Calculate
[ + ].
3