System Glossary
 Glossary Search for stochastic (Search Options)

Definition of Term

(English) Models, processes, or procedures that are based on elements of chance or probability; having components affected by random variability, e.g. future recruitments in a fishery are projected with a stochastic component (random variables) to allow for unexplained effects. (See also: chaotic, deterministic)
(Portuguese) Modêlos, processos ou procedimentos que se baseiam em elememtos probabilísticos. (See also: chaotic, deterministic)

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