Stochastic tree

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Stochastic tree - a graphical representation of a probabilistic space describing the course of a multi-stage random experiment. This method is very helpful in calculating the likelihood of events. A stochastic tree consists of vertices representing the result of a random experience occurring in a particular situation (dependent on previous random experiments) and the edge between the vertices labeled with the probabilities with which the event occurs. The stochastic tree has the following properties:

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