Stochastic Models was created in 1985.

G. Adomian has written:

'Stochastic systems' -- subject(s): Stochastic differential equations, Stochastic systems

Wikipedia states that stochastic means random. But there are differences depending on the context.

Stochastic is used as an adjective, as in stochastic process, stochastic model, or stochastic simulation, with the meaning that phenomena as analyzed has an element of uncertainty or chance (random element). If a system is not stochastic, it is deterministic.

I may consider a phenomena is a random process and analyze it using a stochastic simulation model.

When we generate numbers using a probability distribution, these are called random numbers, or pseudo random numbers. They can also be called random deviates.

See related links.

C. W. Gardiner has written:

'Handbook of Stochastic Methods'

'Stochastic methods' -- subject(s): Stochastic processes

'Quantum noise' -- subject(s): Stochastic processes, Quantum optics, Josephson junctions

Quan-Lin Li has written:

'Constructive computation in stochastic models with applications' -- subject(s): Stochastic processes, Stochastic models