In mathematics, a random walk is a random process that describes a path that consists of a succession of random steps on some mathematical space.
Applications:
On the web, the Twitter website uses random walks to make suggestions of whom to follow
In wireless networking, a random walk is used to model node movement
In brain research, random walks and reinforced random walks are used to model cascades of neuron firing in the brain
In computer science, random walks are used to estimate the size of the Web
In other fields of mathematics, random walk is used to calculate solutions to Laplace's equation, to estimate the harmonic measure, and for various constructions in analysis and combinatorics.
In financial economics, the random walk hypothesis is used to model shares prices and other factors.
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