Stochastic Dominance

Stochastic Dominance,

Stochastic Dominance Definition:

  1. Stochastic Dominance means, Refers to the use of historical experimental data to support future predictions about probabilities. Stockist domain refers to the domain of one set of other data on the value of income. For example, when comparing the relative values ​​of two investments (asset A and asset B), the investment that has a higher possible return on each level than the other is basically dominant.

Literal Meanings of Stochastic Dominance

Stochastic:

Meanings of Stochastic:
  1. The distribution of random possibilities or probability patterns is determined randomly, which can be analyzed statistically, but cannot be predicted with certainty.

Sentences of Stochastic
  1. Let us now summarize their mathematical contributions, related to almost all the fields of mathematical statistics, more precisely, statistical analysis, random processes, creative phenomena and mathematical genetics.

Synonyms of Stochastic

unsystematic, arbitrary, unmethodical, haphazard, unarranged, unplanned, undirected, casual, indiscriminate, non-specific, stray, erratic

Dominance:

Meanings of Dominance:
  1. Power and influence over others.

Sentences of Dominance
  1. Dominate the world of Hollywood

Synonyms of Dominance

supremacy, superiority, ascendancy, pre-eminence, predominance, domination, dominion, mastery, power, authority, rule, command, control, sway, leverage, influence