Ornstein–Uhlenbeck process

Rarity: Common

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At a glance

Class

Notion

Domain

Science and technology

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What Wikipedia says

In mathematics, the Ornstein–Uhlenbeck process is a stochastic process with applications in financial mathematics, the physical sciences, and evolutionary biology. Its original application in physics was as a model for the velocity of a massive Brownian particle under the influence of friction.

Excerpt from the Wikipedia article “Ornstein–Uhlenbeck process”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

Image: Geek3, CC BY-SA 4.0, via Wikimedia Commons.