Usually means: Randomness-based model for prediction.
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We found 5 dictionaries that define the word Stochastic simulation:

General (1 matching dictionary)
  1. Stochastic simulation: Wikipedia, the Free Encyclopedia

Computing (1 matching dictionary)
  1. Stochastic simulation: Encyclopedia

Medicine (2 matching dictionaries)
  1. Stochastic simulation, Stochastic simulation: Medical dictionary

Science (1 matching dictionary)
  1. stochastic simulation: PlanetMath Encyclopedia

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Definitions from Wikipedia (Stochastic simulation)

▸ noun:  A stochastic simulation is a simulation of a system that has variables that can change stochastically (randomly) with individual probabilities.


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