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🤯 “Stochastic”(from Greek στόχος (stókhos) 'aim, guess') and “random” have different meanings — one is for things which can be described as having a random probability distribution, the other is for the phenomenon of randomness itself.
🌐 I first encountered the phrase “random walk” while learning about Google’s Page Rank algorithm, which tries to measure the importance of websites by following the links between them.
He called this process "link analysis", but it similarly ranked the popularity of web sites based on how many other sites had linked to it.
https://en.wikipedia.org/wiki/Random_walk https://en.wikipedia.org/wiki/Stochastic https://en.wikipedia.org/wiki/PageRank https://en.wikipedia.org/wiki/Robin_Li https://en.wikipedia.org/wiki/Baidu https://en.wikipedia.org/wiki/Larry_Page https://patents.google.com/patent/US6285999