Meaning of the word stochastic in English

What does stochastic mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

stochastic

US /stəˈkæs.tɪk/
UK /stəˈkæs.tɪk/

Adjective

randomly determined; having a random probability distribution or pattern that may be analyzed statistically but may not be predicted precisely.