Definition of Stochastic Process

Personalized homework help for all major subjects.

Order confidently with our risk free, 14-day money-back guarantee.

• ✔️ No sign-up required
• | 🔒 100% Confidential

Our Expert Writers

We proudly boast a team of expert professionals with verified academic credentials, selected for their proven skills and flexibility through a strict process.

Engage with experts from the top universities across the globe.

Get Homework Help Instantly

Say goodbye to homework stress! 📚 Just share your details and we’ll whip up an affordable quote in no time – often within 15 minutes.

Get started now for FREE!

Submit Your Homework

Let our experts help you with your college homework

What is a stochastic process?

It is a process in which a group of random variables, distributed over a period of time t, and is measured on a same sample space is indexed.

During this process we see that the random variable X1 changes over a period of time t i.e. from t1 to tn. But in case of identical random variable the distribution of random variable remains same over time t. Another important point to remember while dealing with stochastic process is that it is important to mention the period in which the random variable is taking place. The spacing between different periods of time may be equal or may vary according to the environment on which this process is taking place.

Examples:

These examples will make the concept clear:

1. It is seen that section 2 of chapter 8 represents a poison distribution and a stochastic process as well. The condition in which this process is occurring is infinitely defined i.e. if it starts at time 0 then the random variable X can take place at any point of time from time 0 to t. thus the condition at which it is occurring may be given as X= 0,1,2,……… .
2. Another example of stochastic process is seen by a dice. The sample occurs from 1 to 6 which shows equal sample spacing. The time at which each throw of dice is taking place is also the same and thus this gives you the example of identical random variables.

Thus, both the example proves that distribution of random variable may differ with time or may stay same over the same period.

Links of Previous Main Topic:-

Links of Next Statistics Topics:-

Your Price: \$11.00 \$10.00

Pricing may change based on requirements

l

FAQ - Frequently Asked Questions

Discover quick answers in our FAQ, covering the most common customer questions about our homework help service.

Is your homework service confidential?

M
L

Absolutely! Confidentiality is one of the basic guarantees of our service at MyHomeworkHelp.com.

When our customers make their homework orders, they know their information remains 100% confidential.

Even your homework writer will not be provided with your personal details. So, when you hire a professional homework helper on our website, rest assured that your information will remain private and safe.

For a comprehensive understanding of how we protect your privacy, please refer to our Privacy Policy.

Who will help me with my homework?

M
L

We work with subject experts from all over the world. We hire them with the help of complex tests in the disciplines of their expertise. We also verify the IDs and academic transcripts of our homework writers to be sure that our experts have a bachelor's or master’s or a PhD degree. This is how we can be sure of the proficiency of our panel of experts who will help you with your homework.

Is it legal to ask for help with homework?

M
L

Seeking homework help is perfectly fine and shows your proactive approach to overcoming challenges. But it's important to use our homework service to enhance your understanding, not to replace your own efforts.

Our homework service offers original solutions for personal use, including:

• Generating ideas or arguments for your research.
• Deepening your subject comprehension.
• Direct citation, with proper referencing.

However, it's crucial to avoid plagiarism by not submitting our work as your own. Make sure to check your institution's academic integrity policies before using our services. Our goal is to support your educational journey in a responsible and beneficial way. Refer our honor code for more details.

Is myhomeworkhelp.com legit?

M
L

Yes, myhomeworkhelp.com is completely legitimate. We've been successfully connecting students with top experts worldwide since 2012, offering direct, secure communication for a seamless learning experience. With over thousands of students helped and a commitment to innovative, effective education tools, we're dedicated to making learning easier and more accessible for everyone.

You can read our reviews here on Trustpilot and Sitejabber (Independent, verified reviews from buying customers) like you!

Is there a possibility of plagiarism in my completed order?

M
L

Unlike our competitors who use cheap and ineffective in -house plagiarism software, MyHomeworkHelp.com uses credible software to check your homework solution originality. We guarantee that your paper will pass TurnItIn checks with a low percentage of similarity. In addition, we also check submitted papers for ai-content using Originality.ai.

You will receive a complemantary plagiarism free report with your completed order.

What makes you one of the best homework help website?

M
L

We are not number 1 (yet!). We're an independent, bootstrapped business standing up to Big EdTech for last 12 years. So it means a lot that folks like you are willing to consider our services for your educational needs.

Myhomework Help is recognized as one of the premier websites for homework answers for three key reasons.

1. Firstly, we pride ourselves on the expertise and qualifications of our tutors/experts, who are selected through a rigorous vetting process to ensure they can provide best academic assistance across a wide range of subjects.
2. Secondly, our response time to student inquiries is fast (as early as few minutes), reflecting our understanding of the importance of timely support in an academic setting.
3. Lastly, we keep our pricing very student friendly. Our aim is to provide the best learning experience to students like yourself without burning a hole in your pockets.