Checkout
Start free trial
Take Naologic for a spin today, no credit card needed and no obligations.
Start free trial
Question

Deterministic Model - What is the difference between stochastic and deterministic models?

Answer

When comparing deterministic and stochastic models, what are the key differences? A stochastic model is the polar opposite of a deterministic model, which always yields the same output regardless of the inputs used; instead, it takes into consideration a degree of uncertainty or randomness when presenting data and making predictions.