Definition:Stochastic Model

Definition

A stochastic model is a mathematical model which incorporates stochastic (random) processes in its definition.

Also see

• Definition:Deterministic Model

Sources

• 1994: George E.P. Box, Gwilym M. Jenkins and Gregory C. Reinsel: Time Series Analysis: Forecasting and Control (3rd ed.) ... (previous) ... (next):

$1$: Introduction:

$1.1$ Four Important Practical Problems:

$1.1.1$ Forecasting Time Series

• 1994: George E.P. Box, Gwilym M. Jenkins and Gregory C. Reinsel: Time Series Analysis: Forecasting and Control (3rd ed.) ... (previous) ... (next):

$1$: Introduction:

$1.2$ Stochastic and Deterministic Dynamic Mathematical Models

• 1998: David Nelson: The Penguin Dictionary of Mathematics (2nd ed.) ... (previous) ... (next): model: 3.
• 2008: David Nelson: The Penguin Dictionary of Mathematics (4th ed.) ... (previous) ... (next): model: 3.
• 2008: David Nelson: The Penguin Dictionary of Mathematics (4th ed.) ... (previous) ... (next): stochastic model