Stochastic Ordering
In probability theory and statistics, a stochastic order quantifies the concept of one random variable being "bigger" than another. These are usually partial orders, so that one random variable may be neither stochastically greater than, less than nor equal to another random variable . Many different orders exist, which have different applications.
Read more about Stochastic Ordering: Usual Stochastic Order, Other Properties, Stochastic Dominance, See Also, References
Famous quotes containing the word ordering:
“Make gracious attempts at sanctifying Jenny,
Supply cosmetics for the ordering of her frame,
Think of her as Leda, as a goddess,
Emptying a smile on Redkey, Indiana.”
—Allen Tate (1899–1979)