Stochastic

Stochastic, from the Greek "stochos" or "goal", means of, relating to, or characterized by conjecture; conjectural; random.

Mathematical theory

In mathematics, specifically in probability theory, the field of stochastic processes has for some decades been a major area of research, to which hundreds of researchers have devoted their careers. See that article for more.

Related Topics:
Mathematics - Probability theory - Stochastic process

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A stochastic matrix is a matrix that has non-negative real entries that sum to 1 in each column.

Related Topics:
Stochastic matrix - Matrix - Real

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