What is the meaning of stochastic process?

noun

  • A statistical process involving a number of random variables depending on a variable parameter (which is usually time. ).
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). stochastic process. Retrieved September 21, 2026, from http://smartdefine.org/stochastic_process/definitions/1243628
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MLAWordNet. "stochastic process" 23 October 2010. Web. 21 September 2026. <http://smartdefine.org/stochastic_process/definitions/1243628>