The result connects functions of stochastic processes to differential equations and now underpins work in physics, biology and finance.
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Where has Itô's lemma become useful?
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Explanation
The result connects functions of stochastic processes to differential equations and now underpins work in physics, biology and finance.
Itô's lemma has no applications to stochastic systems in physics, biology or finance.
🎉😄
😢
Explanation
The result connects functions of stochastic processes to differential equations and now underpins work in physics, biology and finance.