stochastic
pronunciation
How to pronounce stochastic in British English: UK [stɒˈkæstɪk]
How to pronounce stochastic in American English: US [stoʊˈkæstɪk , stəˈkæstɪk]
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- Adjective:
- being or having a random variable
Word Origin
- stochastic (adj.)
- 1660s, "pertaining to conjecture," from Greek stokhastikos "able to guess, conjecturing," from stokhazesthai "to guess, aim at, conjecture," from stokhos "a guess, aim, target, mark," literally "pointed stick set up for archers to shoot at," from PIE *stogh-, variant of root *stegh- "to stick, prick; pointed" (see sting (v.)). The sense of "randomly determined" is from 1934, from German stochastik (1917).
Example
- 1. Still , we can reduce our reliance on stochastic outcomes .
- 2. The macroeconomics taught in advanced economics today is largely based on analysis labelled dynamic stochastic general equilibrium .
- 3. In effect , the noise increases the sensitivity of the switch - a phenomenon called stochastic resonance .
- 4. The stochastic oscillator is plotted within a range of zero and 100 and signals overbought conditions above 80 and oversold conditions below 20 .
- 5. The central banks believe that their guide , the dynamic stochastic general equilibrium model , is giving them the right signals .