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stochastic

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stochastic

In music, term used to describe a compositional procedure based on probability theory, where the work's inner details are left to chance (a random sequence of notes), the main outline having been fixed by the composer. Iannis Xenakis introduced this technique to 20th-century composition, relying on computers to generate specific notes, having written a program determining the overall parameters.



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The last two bottoms in the S&P were marked by oversold stochastic readings below 20.
The slow stochastic oscillator indicates that momentum continues to be to the upside, but may fade once reaching the so-called 'overbought'-80 level.
9781848210813 Mathematical finance; deterministic and stochastic models.
 
 
 
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