Sign in to follow this  
Followers 0
Happydoc

Stochastic Minimization

3 posts in this topic

Hi

All statistical stalwarts out there, can you help me clarify the term Stochastic Minimization. I know it is a method of randomization but nothing beyond that.

Share this post


Link to post
Share on other sites

stochastic processes refer to non-deterministic processes.. determinist processes have discernible and readily calculable causes and effects.. non deterministic / stochastic processes dont.. i.e. they are inherently random..

or a more scientific way of putting it would be.. if you are at one point in the system.. its still pretty difficult to accurately say what the next point in the system would be..

examples.. stock exchanges, forex rates, ecg, blood pressure, weather, brownian movement..

so in doing research where there is a degree of unpredictability due to the nature of the stochastic/umpredictable/non-deterministic process.. they throw up algorithms to minimise the error.. these are usually called stochastic minimisation algorithms..

im curious.. where exactly did you get into this..

Share this post


Link to post
Share on other sites

Thanks Slartibartfast

I actually came across this term in a recent research paper.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!


Register a new account

Sign in

Already have an account? Sign in here.


Sign In Now
Sign in to follow this  
Followers 0