Definition:Stochastic Analysis

Definition

Stochastic analysis is the branch of mathematics which studies the behaviour of stochastic processes.

Examples

Brownian Motion

The study of the differential equations associated with Brownian motion is an example of stochastic analysis.

Also see

• Results about stochastic analysis can be found here.

Linguistic Note

The word stochastic is pronounced something like sto-kas-tic.

It derives from the Ancient Greek στοχαστικός (stokhastikós), from στοχάζομαι (stokházomai), which means to aim at a target, or to guess.

Sources

• 2008: David Nelson: The Penguin Dictionary of Mathematics (4th ed.) ... (previous) ... (next): stochastic analysis