Stochastic model definition
Stochastic model means a mathematical model involving random variable(s) in order to estimate probability distributions of potential outcomes.
Stochastic model means a model involving or containing a random variable or variables pertaining to chance or probability. (Germany) Propose to add per the comments under 3.9. deleting “stochastic”.
Examples of Stochastic model in a sentence
Stochastic model performs a large number of oil trajectory simulations using different wind conditions.