Stochastic process
noun
noun ·Rare ·Advanced level
Definitions
Noun
- 1 A function that maps elements of an index set to elements of a collection of random variables; historically, a collection of random variables indexed by a set of numbers usually regarded as points in time.
"A stochastic process #92;#123;#92;zeta#95;t#92;#125; is a family of random variables that depends on a parameter t, usually called time.[…]Two important properties stochastic processes may have are given in the following definition."
- 2 a statistical process involving a number of random variables depending on a variable parameter (which is usually time) wordnet
Example
More examples"A stochastic process #92;#123;#92;zeta#95;t#92;#125; is a family of random variables that depends on a parameter t, usually called time.[…]Two important properties stochastic processes may have are given in the following definition."