2 ms·
Unless you assume that everything/anything is a constant, stochastic processes are everywhere. They happen to be used a lot in finance and physics, since real w
by yarky 5y ago
Unless you assume that everything/anything is a constant, stochastic processes are everywhere. They happen to be used a lot in finance and physics, since real world phenomena can be intuitively modeled as a random process, in contrast with deterministic models.
If you're interested try googling "stochastic processes in [insert field]".