It is a key process in terms of which more complicated stochastic processes can be described.
Particularly, we can view rumor spread as a stochastic process in social networks.
It is common in stochastic processes to care about the expected value of a variable given a previous information set.
For example, the emission of radiation from atoms is a natural stochastic process.
He is best known for his work on stochastic processes.
Models for time series data can have many forms and represent different stochastic processes.
The results of a stochastic process (statistics) can only be known after computing it.
A stochastic process is always adapted to its natural filtration.
At the same time he was considering questions unrelated to stochastic processes.
The sequence in which each of the phases occur may itself be a stochastic process.
