Statistical Dependencies

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

MYRIAD-EU Work Package 2

See also: Multi-hazard, (Triggering) Relationship, (Compound) Relationships

Back to Definitions