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Having a random probability distribution or pattern that may be analysed statistically but may not be predicted precisely.
‘Let us now sum up his mathematical contributions which were almost all in the area of mathematical statistics, more precisely stochastic analysis, random processes, regenerative phenomena and mathematical genetics.’
‘The fact that the problem is stochastic means that the airline needs to work with expected values and probability distributions, which makes the optimisation harder to solve.’
‘It was heavy duty mathematics at that, involving an obscure technique known as stochastic differential equations.’
‘He has written on stochastic geometry and its applications, and the statistical theory of shape.’
‘Here, we provide a more detailed set of examples, examining the impact of nonlinear population dynamics and stochastic variation in demographic parameters on elasticity analysis.’