Stochastics and Dynamics

Stochastics and dynamics are concepts that appear in various fields such as mathematics, physics, finance, and engineering, but they refer to different types of behavior and modeling. ### Stochastics **Stochastics** refers to the study of random processes and probabilities. It deals with systems that exhibit uncertainty and randomness. The field encompasses various tools and concepts, including: - **Random Variables:** Quantities that can take on different values, each associated with a probability.