From my extremely small and inadequate knowledge of stochastic processes (and Wikipedia):(adsbygoogle = window.adsbygoogle || []).push({});

A stochastic process is a process in which some later state is determined by predictable actions and by a random element.

Now the question: this "random element" is this meant to compensate for unknown (non-predictable) actions or is this just a random factor for some other purpose? Hope that makes sense. Thanks.

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# Help with stochastic processes

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