3 November 2018

stochastic

[stuh-kas-tik]

adjective, Statistics.

1. of or relating to a process involving a randomly determined sequence of observations each of which is considered as a sample of one element from a probability distribution.

Origin of stochastic

Greek

1655-1665; Greek stochastikós, equivalent to stochas- (variant stem of stocházesthai to aim at) + -tikos -tic

Related forms

stochastically, adverb

Dictionary.com

Example

In the literature, both deterministic and stochastic customers’ demands have been considered, but more attention is paid to the deterministic cases, and fewer cases take into account the stochastic demands.
A genetic algorithm to optimize the total cost and service level for just-in-time distribution in a supply chain
Reza Zanjirani Farahani, Mahsa Elahipanah

Anagram

cacti shots

Today’s quote

Children have never been very good at listening to their elders, but they have never failed to imitate them.

– James A. Baldwin

On this day

3 November 1913 – The United States introduces income tax.

3 November 1921 – birth of Charles Dennis Buchinsky, otherwise known as Charles Bronson, American actor. Died 30 August 2003.

3 November 1957 – Laika becomes the world’s first space-dog when the Soviet Union launches Sputnik II, sending the first ever living animal into space. Laika is the first animal to orbit the earth. She was a stray-dog which was chosen to undergo training with two other dogs, before being selected for the mission. In 2002 it was revealed that she died within hours of take-off from over-heating when one of the motors failed to separate from the payload.