Stochastic processIn probability theory and related fields, a stochastic (stəˈkæstɪk) or random process is a mathematical object usually defined as a sequence of random variables, where the index of the sequence has the interpretation of time. Stochastic processes are widely used as mathematical models of systems and phenomena that appear to vary in a random manner. Examples include the growth of a bacterial population, an electrical current fluctuating due to thermal noise, or the movement of a gas molecule.
Stochastic differential equationA stochastic differential equation (SDE) is a differential equation in which one or more of the terms is a stochastic process, resulting in a solution which is also a stochastic process. SDEs have many applications throughout pure mathematics and are used to model various behaviours of stochastic models such as stock prices, random growth models or physical systems that are subjected to thermal fluctuations. SDEs have a random differential that is in the most basic case random white noise calculated as the derivative of a Brownian motion or more generally a semimartingale.
StochasticStochastic (stəˈkæstɪk; ) refers to the property of being well described by a random probability distribution. Although stochasticity and randomness are distinct in that the former refers to a modeling approach and the latter refers to phenomena themselves, these two terms are often used synonymously. Furthermore, in probability theory, the formal concept of a stochastic process is also referred to as a random process.
Stochastic calculusStochastic calculus is a branch of mathematics that operates on stochastic processes. It allows a consistent theory of integration to be defined for integrals of stochastic processes with respect to stochastic processes. This field was created and started by the Japanese mathematician Kiyosi Itô during World War II. The best-known stochastic process to which stochastic calculus is applied is the Wiener process (named in honor of Norbert Wiener), which is used for modeling Brownian motion as described by Louis Bachelier in 1900 and by Albert Einstein in 1905 and other physical diffusion processes in space of particles subject to random forces.
Socialist calculation debateThe socialist calculation debate, sometimes known as the economic calculation debate, was a discourse on the subject of how a socialist economy would perform economic calculation given the absence of the law of value, money, financial prices for capital goods and private ownership of the means of production. More specifically, the debate was centered on the application of economic planning for the allocation of the means of production as a substitute for capital markets and whether or not such an arrangement would be superior to capitalism in terms of efficiency and productivity.
Calculation in kindNOTOC Calculation in kind or calculation in-natura is a way of valuating resources and a system of accounting that uses disaggregated physical magnitudes as opposed to a common unit of calculation. As the basis for a socialist economy, it was proposed to replace money and financial calculation. In an in-kind economy products are produced for their use values (their utility) and accounted in physical terms. By contrast, in money-based economies, commodities are produced for their exchange value and accounted in monetary terms.
T-carrierThe T-carrier is a member of the series of carrier systems developed by AT&T Bell Laboratories for digital transmission of multiplexed telephone calls. The first version, the Transmission System 1 (T1), was introduced in 1962 in the Bell System, and could transmit up to 24 telephone calls simultaneously over a single transmission line of copper wire. Subsequent specifications carried multiples of the basic T1 (1.544 Mbit/s) data rates, such as T2 (6.312 Mbit/s) with 96 channels, T3 (44.
Digital Signal 1Digital Signal 1 (DS1, sometimes DS-1) is a T-carrier signaling scheme devised by Bell Labs. DS1 is the primary digital telephone standard used in the United States, Canada and Japan and is able to transmit up to 24 multiplexed voice and data calls over telephone lines. E-carrier is used in place of T-carrier outside the United States, Canada, Japan, and South Korea. DS1 is the logical bit pattern used over a physical T1 line; in practice, the terms DS1 and T1 are often used interchangeably.
Economic calculation problemThe economic calculation problem (sometimes abbreviated ECP) is a criticism of using economic planning as a substitute for market-based allocation of the factors of production. It was first proposed by Ludwig von Mises in his 1920 article "Economic Calculation in the Socialist Commonwealth" and later expanded upon by Friedrich Hayek. In his first article, Mises described the nature of the price system under capitalism and described how individual subjective values (while criticizing other theories of value) are translated into the objective information necessary for rational allocation of resources in society.
Σ-algebraIn mathematical analysis and in probability theory, a σ-algebra (also σ-field) on a set X is a nonempty collection Σ of subsets of X closed under complement, countable unions, and countable intersections. The ordered pair is called a measurable space. The σ-algebras are a subset of the set algebras; elements of the latter only need to be closed under the union or intersection of finitely many subsets, which is a weaker condition.
Σ-finite measureIn mathematics, a positive (or signed) measure μ defined on a σ-algebra Σ of subsets of a set X is called a finite measure if μ(X) is a finite real number (rather than ∞), and a set A in Σ is of finite measure if μ(A) < ∞. The measure μ is called σ-finite if X is a countable union of measurable sets each with finite measure. A set in a measure space is said to have σ-finite measure if it is a countable union of measurable sets with finite measure. A measure being σ-finite is a weaker condition than being finite, i.
T-54/T-55The T-54 and T-55 tanks are a series of Soviet main battle tanks introduced in the years following the Second World War. The first T-54 prototype was completed at Nizhny Tagil by the end of 1945. From the late 1950s, the T-54 eventually became the main tank for armoured units of the Soviet Army, armies of the Warsaw Pact countries, and many others. T-54s and T-55s have been involved in many of the world's armed conflicts since their introduction in the second half of the 20th century.
AT&TAT&T Inc. is an American multinational telecommunications holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the world's third-largest telecommunications company by revenue and the largest provider of mobile telephone services in the U.S. , AT&T was ranked 13th on the Fortune 500 rankings of the largest United States corporations, with revenues of $120.7 billion. During most of the 20th century, AT&T had a monopoly on phone service in the United States.
T-72The T-72 is a family of Soviet main battle tanks that entered production in 1969. The T-72 was a development of the T-64, which was troubled by high costs and its reliance on immature developmental technology. About 25,000 T-72 tanks have been built, and refurbishment has enabled many to remain in service for decades. It has been widely exported and has seen service in 40 countries and in numerous conflicts. The Russian T-90 introduced in 1992 and the Chinese Type 99 are further developments of the T-72.
AT&T MobilityAT&T Mobility LLC, also known as AT&T Wireless and marketed as simply AT&T, is an American telecommunications company. It is a wholly owned subsidiary of AT&T Inc. and provides wireless services in the United States. AT&T Mobility is the largest wireless carrier in the United States, with 217.4 million subscribers at the end of Q4 2022. The company is headquartered in Brookhaven, Georgia. Originally known as Cingular Wireless (a joint venture between SBC Communications and BellSouth) from 2000 to 2007, the company acquired the old AT&T Wireless in 2004; SBC later acquired the original AT&T and adopted its name.
RT-RKRT-RK (РТ-РК) is a Serbian R&D company and national research institute that delivers development services and own products in the arena of real time embedded systems, with focus on consumer electronics and automotive industry. Headquartered in Novi Sad, with offices in Belgrade, Banja Luka (Bosnia and Herzegovina) and Osijek (Croatia) with over 550 engineers, RT-RK is one of the biggest development houses in Southeast Europe.
IBM RT PCThe IBM RT PC (RISC Technology Personal Computer) is a family of workstation computers from IBM introduced in 1986. These were the first commercial computers from IBM that were based on a reduced instruction set computer (RISC) architecture. The RT PC uses IBM's proprietary ROMP microprocessor, which commercialized technologies pioneered by IBM Research's 801 experimental minicomputer (the 801 was the first RISC). The RT PC runs three operating systems: AIX, the Academic Operating System (AOS), and Pick.
Windows RTWindows RT is a mobile operating system developed by Microsoft. It is a version of Windows 8 or Windows 8.1 built for the 32-bit ARM architecture (ARMv7). First unveiled in January 2011 at Consumer Electronics Show, the Windows RT 8 operating system was officially launched alongside Windows 8 on October 26, 2012, with the release of three Windows RT-based devices, including Microsoft's original Surface tablet. Unlike Windows 8, Windows RT is only available as preloaded software on devices specifically designed for the operating system by original equipment manufacturers (OEMs).
RT-11RT-11 (Real-time 11) is a discontinued small, low-end, single-user real-time operating system for the full line of Digital Equipment Corporation PDP-11 16-bit computers. RT-11 was first implemented in 1970. It was widely used for real-time computing systems, process control, and data acquisition across all PDP-11s. It was also used for low-cost general-use computing. RT-11 was written in assembly language.
