Popular Terms
Situation or model where there are multiple possible outcomes, each having varying degrees of certainty or uncertainty of its occurrence. Probabilistic is often taken to be synonymous with stochastic but, strictly speaking, stochastic conveys the idea of (actual or apparent) randomness whereas probabilistic is directly related to probabilities and therefore is only indirectly associated with randomness. Thus it might be more accurate to describe a natural event or process as stochastic, and to describe its mathematical analysis (and that of its consequences) as probabilistic.

Use 'probabilistic' in a Sentence

The probabilistic event result was determined by our statisticians who were able to calculate the precise moment and point in time of the event.
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We live in a probabilistic reality and not an objective one, which means things happen because of probability and statistics.
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You need to figure out what is the most probabilistic outcome and be prepared to deal with it quickly and correctly.
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