Access to the large web content hosted all over the world by users of the Internet engage many hosts, routers/switches and faster links. They challenge the internet backbone to operate at its capacity to assure e±cient content access. This may result in congestion and raises concerns over various Quality of Service (QoS) issues like high delays, high packet loss and low throughput of the system for various Internet applications. Thus, there is a need to develop effective congestion control mechanisms in order to meet various Quality of Service (QoS) related performance parameters. In this paper, our emphasis is on the Active Queue Management (AQM) mechanisms, particularly Random Early Detection (RED). We propose a threshold based novel analytical model based on standard RED mechanism. Various numerical examples are presented for Internet traffic scenarios containing both the burstiness and correlation properties of the network traffic.