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+ | ====== Stochastic ====== | ||
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+ | The property of being well described by a random probability distribution. Although stochasticity and randomness are distinct in that the former refers to a modeling approach and the latter refers to phenomena themselves, these two terms are often used synonymously. \\ | ||
+ | Furthermore, in probability theory, the formal concept of a stochastic process is also referred to as a random process\\ | ||
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