Definitions for stochastic process
sto·chas·tic process

Princeton's WordNetRate this definition:0.0 / 0 votes

1. stochastic processnoun

   a statistical process involving a number of random variables depending on a variable parameter (which is usually time)

WiktionaryRate this definition:0.0 / 0 votes

1. stochastic processnoun

   a function of random variables

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1. stochastic process

   A stochastic process is a mathematical model that describes a collection of random variables evolving over time or in various ways such as space, following certain probabilistic rules. These variables are often used to represent the evolution of some random or unpredictable phenomena, such as stock market fluctuations, noise signals, or temperature changes. Each random variable in the process has its probability distribution, and these variables may also have interdependencies.

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1. Stochastic process

   In probability theory, a stochastic process, or sometimes random process is a collection of random variables; this is often used to represent the evolution of some random value, or system, over time. This is the probabilistic counterpart to a deterministic process. Instead of describing a process which can only evolve in one way, in a stochastic or random process there is some indeterminacy: even if the initial condition is known, there are several directions in which the process may evolve. In the simple case of discrete time, a stochastic process amounts to a sequence of random variables known as a time series. Another basic type of a stochastic process is a random field, whose domain is a region of space, in other words, a random function whose arguments are drawn from a range of continuously changing values. One approach to stochastic processes treats them as functions of one or several deterministic arguments whose values are random variables: non-deterministic quantities which have certain probability distributions. Random variables corresponding to various times may be completely different. The main requirement is that these different random quantities all have the same type. Type refers to the codomain of the function. Although the random values of a stochastic process at different times may be independent random variables, in most commonly considered situations they exhibit complicated statistical correlations.

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1. • Model

How to pronounce stochastic process?

1. Alex

   US English

   David

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   Mark

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   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

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   Neerja

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   South African

How to say stochastic process in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of stochastic process in Chaldean Numerology is: 2

2. Pythagorean Numerology

   The numerical value of stochastic process in Pythagorean Numerology is: 5

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=stochastic process
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Stochastic_Process
3. ^ ChatGPT
   https://chat.openai.com
4. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=stochastic process