Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
SIAM Journal on Applied Mathematics, Vol. 70, No. 1 (2009), pp. 1-23 (23 pages) The Erlang B formula represents the steady-state blocking probability in the Erlang loss model or M/M/s/s queue. We ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...