- The definition of stochastic is random or involving chance or probability.
When the order of events is randomly determined and it cannot be predicted what will come first, second or third, this is an example of when the order of events would be described as stochastic.
stochastic definition by Webster's New World
- of, pertaining to, or arising from chance; involving probability; random
- Math. designating a process in which a sequence of values is drawn from a corresponding sequence of jointly distributed random variables
Origin: ; from Classical Greek stochastikos, proceeding by guesswork, literally , skillful in aiming ; from stochazesthai, to aim at ; from stochos, a target: for Indo-European base see sting
stochastic definition by American Heritage Dictionary
- Of, relating to, or characterized by conjecture; conjectural.
- Statistics a. Involving or containing a random variable or variables: stochastic calculus.b. Involving chance or probability: a stochastic stimulation.
Origin: Greek stokhastikos, from stokhastēs, diviner, from stokhazesthai, to guess at, from stokhos, aim, goal; see stegh- in Indo-European roots.
- sto·chasˈti·cal·ly adverb
stochastic - Business Definition
stochastic - Computer Definition
By guesswork; by chance; using or containing random values.
stochastic - Science Definition
- Involving or containing a random variable or variables.
- Involving chance or probability.