Fokker-Planck equation

The Fokker-Planck Equation describes how the probability of a system's state evolves over time, particularly in situations influenced by random processes. Think of it as a mathematical tool that tracks the changes in the likelihood of different outcomes, like predicting how particles move in a fluid or how stock prices fluctuate. It accounts for both deterministic trends and random fluctuations, making it valuable in fields like physics, finance, and biology to model complex systems and understand how they behave over time.