Stochastic

Definition & Meaning

Last updated 23 month ago

What is Stochastic?

Stochastic refers to Records which has a random possibility that can be analyzed through statistics. Although person Events cannot be anticipated, studying the Distribution of random stochastic Variables may result in a sample.

What Does Stochastic Mean?

Stochastic Algorithms are utilized in Artificial Intelligence era to resolve problems based totally on probabilities. They also are generally used in Carrier degree agreements (SLAs). For example, a vendor may use a stochastic Model as a way to version out a particular carrier and its Uptime.

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