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Re: Konaploinks post# 11445

Sunday, 03/31/2024 10:14:44 PM

Sunday, March 31, 2024 10:14:44 PM

Post# of 13017
Introduction
A stochastic or random process can be defined as a collection of random variables that is indexed by some mathematical set, meaning that each random variable of the stochastic process is uniquely associated with an element in the set.[4][5] The set used to index the random variables is called the index set. Historically, the index set was some subset of the real line, such as the natural numbers, giving the index set the interpretation of time.[1] Each random variable in the collection takes values from the same mathematical space known as the state space. This state space can be, for example, the integers, the real line or
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{\displaystyle n}-dimensional Euclidean space.[1][5] An increment is the amount that a stochastic process changes between two index values, often interpreted as two points in time.[48][49] A stochastic process can have many outcomes, due to its randomness, and a single outcome of a stochastic process is called, among other names, a sample function or realization.[28
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