The Itô Integral is a mathematical concept used to define integrals with respect to stochastic processes, particularly Brownian motion. It extends the idea of integration to include random processes, making it fundamental for modeling systems affected by randomness and uncertainty. This integral plays a key role in stochastic calculus and is essential for the formulation and solution of Stochastic Differential Equations (SDEs), where it helps in capturing the behavior of systems driven by noise.
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