stochastic


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stochastic

 [sto-kas´tik]
pertaining to a random process; used particularly to refer to a time series of random variables.

stochastic

(stō-kas'tik),
Random.

stochastic

/sto·chas·tic/ (sto-kas´tik) pertaining to a random process, particularly a time series of random variables.

stochastic

adjective Referring to a random variable; involving chance or probability.

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.

sto·chas·tic

(stō-kas'tik)
1. Random.
2. radiation therapy Pertaining to the effects of radiation seen in the person exposed to such radiation. This does not have a dose threshold, given that as the dosage increases so does the severity of the reaction.
[G. stochos, target, guess]

stochastic

arrived at by skilful conjecturing; allowing the opportunity for variation.
References in periodicals archive ?
The empirical studies of stochastic dominance have been applied to a wide range of fields, including economic welfare, market efficiency, insurance, risk preference and so on, such as (Levy, 1992; Fong et al.
The stochastic process produces a very broad distribution of potential lifetimes as shown in "Lifetime Possibilities" (page 102).
Stochastic screening is frequency modulated (FM) screening, as opposed to amplitude modulated (AM) screening.
The experiment stimulated a flurry of theoretical activity and a search for stochastic resonance in other physical systems, including a number of different electronic circuits.
Featuring basic results without heavy emphasis on proving theorems, Fundamentals of Stochastic Networks is a suitable book for courses on probability and stochastic networks, stochastic network calculus, and stochastic network optimization at the upper-undergraduate and graduate levels.
Index-Option Pricing with Stochastic Volatility and the Value of Accurate Variance Forecasts
This will affect all companies selling variable annuities with guarantees, setting additional capital requirements that necessitate very detailed stochastic modeling.
Incidentally, the market should yield an investor a good window of opportunity to decrease holdings or enter new "short" positions, according to the stock's newest stochastic reading.
Best practice companies are turning to the next generation of stochastic modeling techniques to help respond to these concerns.
And, SUNW's oscillating stochastic chart implies the stock is set up to move lower.
SUNW traders may wish to note that short-term stochastic signals argue that the stock price is at levels commonly associated with pull-backs.