Question

What is a stochastic process?

Answer 1

A stochastic process is a random process evolving with time. More specifically, in probability theory, a stochastic process is a time sequence representing the evolution of some system represented by a variable whose change is subject to a random variation.

Answer 2

A stochastic process is a randomprocess evolving with time. More specifically, in probability theory, astochastic process is a time sequence representing the evolution of some system represented by a variable whose change is subject to a random variation.