What Does Random Walk Mean?
The random walk is a somewhat popular mathematical construct that is used in computer science, and now in machine learning. It is described as a “stochastic” process because it works through the application of random variables. The random walk essentially tracks incremental steps by a particular modeled intelligence or digital “rational actor.”
Techopedia Explains Random Walk
Unlike some of the more obscure mathematical concepts used in computer science, the random walk has many direct applications to real-world problems. One of the most famous applications of the random walk is in its application to stock prices – as in Burton Malkiel’s 1970s book “A Random Walk down Wall Street.” Randomized algorithms using concepts like the random walk can be extremely useful in predicting the motion of stocks or markets.
