Stochastic
Definition - What does Stochastic mean?
Stochastic refers to data which has a random probability that may be analyzed via statistics. Although invidividual events cannot be predicted, analyzing the distribution of random stochastic variables may result in a pattern.
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.
Email Newsletter
Join thousands of others with our weekly newsletter
Please Wait...
Resources
![[DON'T MISS] Optimal Forecasting: Save Time, Money and Trouble](http://cdn.techopedia.com/resource/images/qrcode.png?width=80&height=40)
The 4th Era of IT Infrastructure: Superconverged Systems:
Learn the benefits and limitations of the 3 generations of IT infrastructure – siloed, converged and hyperconverged – and discover how the 4th...
Approaches and Benefits of Network Virtualization:
Businesses today aspire to achieve a software-defined datacenter (SDDC) to enhance business agility and reduce operational complexity. However, the...
Free E-Book: Public Cloud Guide:
This white paper is for leaders of Operations, Engineering, or Infrastructure teams who are creating or executing an IT roadmap.
Free Tool: Virtual Health Monitor:
Virtual Health Monitor is a free virtualization monitoring and reporting tool for VMware, Hyper-V, RHEV, and XenServer environments.
Free 30 Day Trial – Turbonomic:
Turbonomic delivers an autonomic platform where virtual and cloud environments self-manage in real-time to assure application performance.
