Stochastic

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What Does Stochastic Mean?

Stochastic refers to data which has a random probability that may be analyzed via statistics. Although individual events cannot be predicted, analyzing the distribution of random stochastic variables may result in a pattern.

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Techopedia Explains Stochastic

Stochastic algorithms are used in artificial intelligence technology to solve problems based on probabilities. They are also commonly used in service level agreements (SLAs). For example, a vendor might use a stochastic model as a way to model out a particular service and its uptime.

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Margaret Rouse
Technology Expert
Margaret Rouse
Technology Expert

Margaret is an award-winning technical writer and teacher known for her ability to explain complex technical subjects to a non-technical business audience. Over the past twenty years, her IT definitions have been published by Que in an encyclopedia of technology terms and cited in articles by the New York Times, Time Magazine, USA Today, ZDNet, PC Magazine, and Discovery Magazine. She joined Techopedia in 2011. Margaret's idea of a fun day is helping IT and business professionals learn to speak each other’s highly specialized languages.