randstatus
Randstatus is a term used in stochastic modeling and simulation to denote the current realized value of a random variable or the current realization of a stochastic state within a model. It is not a standard term in formal probability theory, but it has appeared in practitioner literature, tutorials, and some open-source projects to improve traceability of simulations.
Definition and scope: Randstatus refers to the recorded outcome of a random draw, the value of a
Applications: In Monte Carlo methods and sequential simulators, randstatus entries help reproduce experiments and diagnose issues
Implementation notes: Establishing a consistent convention for recording randstatus values—such as a fixed schema and per-step
See also: Random seed, Random variable, Reproducibility, Monte Carlo method, Stochastic process.