Random processes

Random processes refer to sequences of events or outcomes that occur in a seemingly unpredictable manner. They are often used to describe natural phenomena, such as weather patterns, stock market fluctuations, or even the way a dice rolls. In these processes, while individual outcomes may be uncertain, patterns or probabilities can often be identified over time. Understanding random processes helps us make better predictions and decisions in situations where chance plays a significant role, allowing us to navigate uncertainty in various fields like science, finance, and engineering.