stochastic


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stochastic

[stō′kas·tik]
(mathematics)
Pertaining to random variables.

stochastic

stochastic

By guesswork; by chance; using or containing random values.
References in periodicals archive ?
As a non-parametric oriented method with weak hypotheses and a few restrictions, the stochastic dominance theory was suggested by (Fishburn, 1964), which offers a simple tool for selection of risky assets, attracts close attention of scholars from different fields and has been widely used for various research purpose.
Pricing results in the sample case using deterministic, probabilistic and stochastic methods vary widely:
Portier says the mathematics become more difficult when moving from the continuous deterministic approach to the stochastic approach.
Researchers in Germany achieved the first laboratory demostration of stochastic resonance in 1983, finding evidence for the effect in the behavior of an electronic system known as a Schmitt trigger.