Stochastic Model

Definition

A model using statistical concepts, such as probability distribution and randomness.

Stochastic models are based on a set of random variables, where the projections and calculations are repeated to achieve a probability distribution. The models can be repeated thousands of times, with a new set of random variables each time

Source

World Meteorological Organization. (1992). International Meteorological Vocabulary - No. 182, World Meteorological Organization, Geneva, Switzerland, 2nd edition. ISBN 978-92-63-02182-3

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