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The term stochastic occurs in a wide variety of professional or academic fields to describe events or systems that are unpredictable due to the influence of a random variable. The word "stochastic" comes from the Greek word στόχος (stokhos, "aim").Researchers refer to physical systems in which they are uncertain about the values of parameters, measurements, expected input and disturbances as "stochastic systems".

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  • The term stochastic occurs in a wide variety of professional or academic fields to describe events or systems that are unpredictable due to the influence of a random variable. The word "stochastic" comes from the Greek word στόχος (stokhos, "aim").Researchers refer to physical systems in which they are uncertain about the values of parameters, measurements, expected input and disturbances as "stochastic systems".
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