Word of the Day: STOCHASTIC

Based on probability or chance

stochastic (adj) - based upon random probability; unplanned and unpredictable; probabilistic rather than deterministic [stuh-kas-tik]

BREAKDOWN: STOC- (to guess or aim at) + -ASTIC (characterized by)

• stochasticity describes the randomness observed in systems; the quality of being well-described by chance or a random probability distribution

“Contrary to how it may seem when we observe its output, an LLM is a system for haphazardly stitching together sequences of linguistic forms it has observed in its vast training data, according to probabilistic information about how they combine, but without any reference to meaning: a stochastic parrot.” —Emily M. Bender

A stochastic oscillator is a momentum indicator that calculates whether the price of a security is overbought or oversold when compared to price movement over a specified period.

[Fun Word Friday introduces more advanced or technical words that are based on word roots. Yes, these words may still be tested on standardized exams. Try to use this word in a sentence today!]