Meaning & use
stochasticity
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The quality of being randomly determined; the presence of unpredictable or probabilistic variation in a process.
See it in a sentence
The model accounts for the stochasticity of financial markets.
Climate scientists study the stochasticity of weather patterns over short timescales.
A note on using this word
Stochasticity comes from the Greek 'stokhastikos,' meaning 'able to guess,' and is widely used in statistics, physics, and mathematics.
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