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stochastic
(redirected from stochastically)

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stochastic /sto·chas·tic/ (sto-kas´tik) pertaining to a random process, particularly a time series of random variables.
stochastic [sto-kas´tik]
pertaining to a random process; used particularly to refer to a time series of random variables.
stochastic
arrived at by skilful conjecturing; allowing the opportunity for variation.
stochastic
adjective Referring to a random process; a process determined by a random distribution of probabilities; referring to a behavior not governed by known equations and initial conditions, thus unpredictable at any past or future time. See Chaos. Cf Deterministic.
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Technically, movements about trend in gross national product in any country can be well described by a stochastically disturbed difference equation of very low order.
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[4] proposed a model to interpret linear models as damped harmonic oscillators generating EEG activity based on the equivalence between stochastically driven harmonic oscillators and autoregressive (AR) models.
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Even as chief actuary, when I get the results of a stochastically generated model based on a thousand scenarios and try to compare that with last year's results, I need to see how I can do an attribution analysis so I can walk through the change in those values.
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