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Stochastic model is also known as

  • A.Deterministic model
  • B.Discrete model
  • C.Statistic model
  • D.Continuous model

Answer: C

A stochastic model includes randomness, so its outcomes are described by probability distributions rather than fixed values. It is therefore also called a statistic (or probabilistic) model.

Its opposite is the deterministic model, where the same inputs always give the same output.

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