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Math Help - stochastic process ???

  1. #1
    sangfroid
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    stochastic process ???

    What really is so called stochastic process ? I have been trying to learn what this really is ...but all sites I have visited only give the definations and no clear explanation at all....may be i didn't understand in simple terms...


    will anyone please kindly tell about it ??

    Thank you very much
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  2. #2
    MHF Contributor

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    Stochastic -- from Wolfram MathWorld
    It is just vocabulary.
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