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Stochastic Processes is a key tool in applied statistics, which is used extensively in fields like finance, market research, environmental studies, and engineering. It deals with random variables, and stochastic processes are important for analyzing random behavior of these variables. Stochastic process is a mathematical model of random behavior of a variable. Its mathematical model is described mathematically in probability theory. The goal of this model is to capture the random behavior that occurs when the process of a variable is changed randomly. In our Stochastic Processes homework help section, we offer expert services to individuals
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