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  2. Stochastic simulation - Wikipedia

    en.wikipedia.org/wiki/Stochastic_simulation

    The density function of the t-distribution is given by the following equation: [4] = (+) (+) +, where is the number of degrees of freedom and is the gamma function. For large values of n , the t-distribution doesn't significantly differ from a standard normal distribution .

  3. Random seed - Wikipedia

    en.wikipedia.org/wiki/Random_seed

    A random seed (or seed state, or just seed) is a number (or vector) used to initialize a pseudorandom number generator.. A pseudorandom number generator's number sequence is completely determined by the seed: thus, if a pseudorandom number generator is later reinitialized with the same seed, it will produce the same sequence of numbers.

  4. Stochastic modelling (insurance) - Wikipedia

    en.wikipedia.org/wiki/Stochastic_modelling...

    Using statistical notation, it is a well-known result that the mean of a function, f, of a random variable X is not necessarily the function of the mean of X. For example, in application, applying the best estimate (defined as the mean) of investment returns to discount a set of cash flows will not necessarily give the same result as assessing ...

  5. Local government areas of Victoria - Wikipedia

    en.wikipedia.org/wiki/Local_government_areas_of...

    Types of LGAs. Victoria LGAs by largest council faction as of 2025. This is a list of local government areas (LGAs) in Victoria, sorted by region.. Also referred to as municipalities, the 79 Victorian LGAs are classified as cities (34), shires (38), rural cities (6) and boroughs (1).

  6. Data degradation - Wikipedia

    en.wikipedia.org/wiki/Data_degradation

    Data degradation is the gradual corruption of computer data due to an accumulation of non-critical failures in a data storage device.It is also referred to as data decay, data rot or bit rot. [1]