stochastic process

1. 1.

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

   Broadermodel

   NarrowerMarkov processrandom walkstationary stochastic process

Questions about stochastic process

What does stochastic process mean?

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

Is stochastic process a common word?

stochastic process is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.