Stochastic

usgb/stəˈkæs.tɪk/
adjective

Relating to or characterized by randomness or probability; involving a random variable.

The stock market is considered stochastic as its movements can change unpredictably.
Visual representation of "stochastic" - Relating to or characterized by randomness or probability; involving a random variable.

Often appears as...

  • stochastic process
  • stochastic model

Usage tips

Formal

stochastic process, stochastic model, stochastic growth

Definition 1 of 3
Visual representation of "stochastic"
LampPro Tip 1/3

Context

Use 'stochastic' in discussions about systems influenced by random factors.

Illustration for Context
In stochastic models, random variables play a significant role.
LampPro Tip 2/3

Technical Usage

Be cautious with audiences unfamiliar with statistical terminology.

Illustration for Technical Usage
In technical reports, ensure to define 'stochastic' when first used.
LampPro Tip 3/3

Positive Connotation

Often conveys complexity and depth in analysis.

Illustration for Positive Connotation
The stochastic approach helped to uncover unexpected trends.
Visual representation of the word "Stochastic"

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