Stochastic Model: Difference between revisions

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Created page with "'''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..."
 
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'''Definition'''
'''Definition'''
 
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A model using statistical concepts, such as probability distribution and randomness.
A model using statistical concepts, such as probability distribution and randomness.


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Back to '''[[Definitions]]'''
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Latest revision as of 12:00, 26 July 2022

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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