## stochastic processAny process governed by the laws of probability: for example, the Brownian motion of the submicroscopic particles in a colloidal solution (see colloid). Most stochastics involve time: in the case of the particles, the state of the system at a time t is a random variable, x(t).
In mathematics, particularly statistics,
a stochastic is a family of random variables. The price of a stock is often
modeled as a stochastic process. ## Related category• SYSTEMS THEORY | |||||

Home • About • Copyright © The Worlds of David Darling • Encyclopedia of Alternative Energy • Contact |