Definition of stochastic

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TeachMeFinance.com - explain stochastic



stochastic

The term 'stochastic ' as it applies to the area of general science can be defined as 'of, like or pertaining to a sequence of random events'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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