stochastic process

What Are The Types Of Stochastic Process?

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What Are The Types Of Stochastic Process? Some basic types of stochastic processes include Markov processes, Poisson processes (such as radioactive decay), and time series, with the index variable referring to time. This indexing can be either discrete or continuous, the interest being in the nature of changes of the variables with respect to time.

What Is Brownian Motion With Drift?

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What Is Brownian Motion With Drift? From Wikipedia, the free encyclopedia. A geometric Brownian motion (GBM) (also known as exponential Brownian motion) is a continuous-time stochastic process in which the logarithm of the randomly varying quantity follows a Brownian motion (also called a Wiener process) with drift. What do you mean by Brownian motion? This