stochastic approach

  • 31probability theory — Math., Statistics. the theory of analyzing and making statements concerning the probability of the occurrence of uncertain events. Cf. probability (def. 4). [1830 40] * * * Branch of mathematics that deals with analysis of random events.… …

    Universalium

  • 32Theoretical ecology — Mathematical models developed in theoretical ecology predict complex food webs are less stable than simple webs.[1]:75–77[2]:64 …

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  • 33Mathematical economics — Economics …

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  • 34С — Сальдо (balance) Cальдо внешней торговли [balance of trade] Сальдо государственного бюджета [balance of state bud­get] Сальдо торгового баланса см. Сальдо внешней …

    Экономико-математический словарь

  • 35RTLS communications — Articleissues essay=July 2008 copyedit=May 2008 refimprove=August 2008RTLS communications is a special breed of wireless communicating with the aim to support locating wireless nodes not only topologically, but merely topographically outdoors or… …

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  • 36Monte Carlo methods in finance — Monte Carlo methods are used in finance and mathematical finance to value and analyze (complex) instruments, portfolios and investments by simulating the various sources of uncertainty affecting their value, and then determining their average… …

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  • 37Monte Carlo method — Not to be confused with Monte Carlo algorithm. Computational physics …

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  • 38Markov chain — A simple two state Markov chain. A Markov chain, named for Andrey Markov, is a mathematical system that undergoes transitions from one state to another, between a finite or countable number of possible states. It is a random process characterized …

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  • 39Economic model — A diagram of the IS/LM model In economics, a model is a theoretical construct that represents economic processes by a set of variables and a set of logical and/or quantitative relationships between them. The economic model is a simplified… …

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  • 40Kalman filter — Roles of the variables in the Kalman filter. (Larger image here) In statistics, the Kalman filter is a mathematical method named after Rudolf E. Kálmán. Its purpose is to use measurements observed over time, containing noise (random variations)… …

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