Stochastic (Adjective)
Meaning
Being or having a random variable; "a stochastic variable"; "stochastic processes".
Classification
All adjective clusters.
Examples
- The stock market's behavior is a stochastic process, making it difficult to predict with certainty.
- In the field of operations research, stochastic variables are used to model real-world systems that involve uncertainty.
- The researcher studied the stochastic nature of gene expression, where the presence of certain genes is random and unpredictable.
- The company's financial models accounted for stochastic factors, such as changes in interest rates and market fluctuations.
- The stochastic process of Brownian motion is a fundamental concept in physics and mathematics, describing the random movement of particles.