In probability theory, a purely stochastic system is one whose state is non-deterministic (i.e., "random") so that the subsequent state of the system is determined probabilistically. Any system or process that must be analyzed using probability theory is stochastic at least in part.[1][2] Stochastic systems and processes play a fundamental role in mathematical models of phenomena in many fields of science, engineering, and economics.
I have been working on research problems using stochastic modelling in areas like Nuclear Prticles, Cancer, HIV, Financial Defaults, Combat, Earth quake 3ngineering etc. for the last 54 years. If you tell me the problem I can help you in stochastic modelling.
I have a big experience in this field, especially in detection and parameters estimation of radar signal. Stochastic methods can be used in different fields, so if you give a details of your problem I would help you.
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