Stochastic - Wikipedia - Ladislaus Bortkiewicz and [21]

## Metadata
- Author: **Ladislaus Bortkiewicz and [21]**
- Full Title: Stochastic - Wikipedia
- Category: #articles
- URL: https://en.wikipedia.org/wiki/Stochastic
## Highlights
- Stochastic (from Greek στόχος (stókhos) 'aim, guess'[1]) refers to the property of being well described by a random probability distribution.[1] Although stochasticity and randomness are distinct in that the former refers to a modeling approach and the latter refers to phenomena themselves, these two terms are often used synonymously. Furthermore, in probability theory, the formal concept of a stochastic process is also referred to as a random process