Stochastic process

In the mathematics of probability, a stochastic process is a random function. In the most common applications, the domain over which the function is defined is a time interval (a stochastic process of this kind is called a time series in applications) or a region of space (a stochastic process being called a random field).

Related Topics:
Mathematics - Probability - Stochastic - Process - Random - Function - Time series - Random field

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Familiar examples of time series include stock market and exchange rate fluctuations, signals such as speech, audio and video; medical data such as a patient's EKG, EEG, blood pressure or temperature; and random movement such as Brownian motion or random walks. Examples of random fields include static images, random topographies (landscapes), or composition variations of an inhomogeneous material.

Related Topics:
Stock market - Exchange rate - Brownian motion - Random walks

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