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Is time series a stochastic process?

Updated: 8/17/2019
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13y ago

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no, it is a random process

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Q: Is time series a stochastic process?
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What is a stochastic process?

Stochastic process is also known as a random process. It is a collection of random variables that represent the evolution of some system of random values over time.


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What is the difference between stochastic and random?

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