Stochastic model definition

Stochastic model means a mathematical model involving random variable(s) in order to estimate probability distributions of potential outcomes.
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Examples of Stochastic model in a sentence

  • The Group has adopted a Stochastic model to calculate the fair value of options, which enables the Total Shareholder Return (TSR) performance condition attached to the awards to be factored into the fair value calculation.

  • Anghel M, Werley KA, Motter AE (2007) Stochastic model for power grid dynamics.

  • The Group has used the Stochastic model to value the grants which is dependent upon factors including the share price, expected volatility and vesting period and the resulting fair value is amortised through the income statement over the vesting period.

  • Stochastic model of linear, continuous protein synthesis in bacterial populations.

  • Stochastic model allows to estimate the confining string ten- sion in terms of the vacuum fields.

  • Employee share options are valued in accordance with a Stochastic model and judgement is required regarding the choice of some of the inputs to the model.

  • Stochastic model of maturation and vesicular exchange in cellular organelles.

  • Furthermore, one can recover an almost purely elastic response by doubling the drag coefficient (red symbols).The choice of the value of η has also a strong influence on the rate of the tension recovery in phase II, we checked that our choice allows to keep this rate in the physiological range, see section 4.1.1. 20 (a)−x˙c (µm s−1)15 Experimental data Stochastic model 4000 𝗌˙, W˙ (zJ s−1)3000(b) W˙ Exp.

  • Govindan, Stochastic model of micro- tubules searching for fixed targets in space (2008,in preparation).

  • To remedy this paucity, we used results from a series of simulations based on the Lagrangian Stochastic model of Mueller & Veron (2009) for wind speeds ranging from 0 m s−1 to 30 m s−1.

Related to Stochastic model

  • Park model means a recreational vehicle intended for permanent or semi-permanent installation and is used as a primary residence;

  • Base Case Financial Model means a financial model prepared by the Borrower forecasting the revenues and expenditures of the Project for time periods through the Final Maturity Date and based upon assumptions and methodology provided by the Borrower and acceptable to the TIFIA Lender as of the Effective Date, which model shall be provided to the TIFIA Lender as a fully functional Microsoft Excel – based financial model or such other format requested by the TIFIA Lender.

  • Financial Model means the financial model adopted by Senior Lenders, setting forth the capital and operating costs of the Project and revenues therefrom on the basis of which financial viability of the Project has been determined by the Senior Lenders, and includes a description of the assumptions and parameters used for making calculations and projections therein;

  • Value engineering change proposal (VECP means a proposal that--

  • Model shall refer to a particular brand of Vehicle sold by an OEM (e.g., Taurus, Tahoe, Grand Caravan).

  • STSMA means the Sectional Titles Schemes Management Act 8 of 2011, as amended and include the Regulations issued under the said act;

  • Linker means an employee engaged in operating a linking machine;

  • Clinker means the product of a Portland cement kiln from which finished cement is manufactured by milling and grinding.

  • Sponsor Model means the Sponsor’s financial model, dated June 26, 2018, used in connection with the syndication of the Credit Facility.

  • Black means South African Blacks, Coloureds and Indians, as defined in the B-BBEE Act, 53 of 2003

  • Matrix (1 2 8 9) means a substantially continuous phase that fills the space between particles, whiskers or fibres.

  • Base Case Model means the financial model and statements including profit and loss, balance sheet and financial projections reflecting the forecasted consolidated financial conditions of the Group for the term of this Agreement (for these purposes assuming both before and after the incurrence of the indebtedness under the Finance Documents), each in form and substance satisfactory to the Finance Parties addressed to, and/or capable of being relied upon by the Finance Parties.

  • KIID means key investor information document;

  • MiFID II means Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments.

  • Methodology means the process used by the Steward to determine its calculation of its Supplied quantity of Designated Printed Paper and Packaging, including, but not limited to, data sources, percentage allocation of data reported, data collection systems, and the use of calculators, worksheets, commercial software, or mathematical formulae.

  • Dynamic driving task means the same as that term is defined in Section 41-26-102.1.

  • Cluster development means a contiguous cluster or

  • Modern biotechnology means the application of:

  • Cannabinoid extract means a substance obtained by separating cannabinoids from marijuana by:

  • NEO or “named executive officer” means each of the following individuals:

  • BOM means Board of Management.

  • alternate aerodrome means an aerodrome to which an aircraft may proceed when it becomes either impossible or inadvisable to proceed to or to land at the aerodrome of intended landing where the necessary services and facilities are available, where aircraft performance requirements can be met and which is operational at the expected time of use;

  • Reliability pricing model or "RPM" means PJM's capacity-

  • Polystyrene foam means blown polystyrene and expanded and

  • Value Engineering means the detailed analysis of systems, equipment, materials, services, facilities, and supplies required by the Contract Documents for the purpose of achieving the desired and essential functions of the Owner’s program at the lowest cost consistent with required and necessary performance, longevity, reliability, quality and safety.