Gravity is treated as a stochastic phenomenon based on fluctuations of
the metric tensor of general relativity. By using a 3+1 slicing of sp
acetime, a Langevin equation for the dynamical conjugate momentum and
a Fokker-Planck equation for its probability distribution are derived.
The Raychaudhuri equation for a congruence of timelike or null geodes
ics leads to a stochastic differential equation for the expansion para
meter theta in terms of the proper time s. For sufficiently strong met
ric fluctuations, it is shown that caustic singularities in spacetime
can be avoided for converging geodesics. The formalism is applied to t
he gravitational collapse of a star and the Friedmann-Robertson-Walker
cosmological model. It is found that owing to the stochastic behavior
of the geometry, and based on an approximate stationary, Gaussian whi
te-noise limit for the metric fluctuations, the singularity in gravita
tional collapse, and the big bang has a zero probability of occurring.
Moreover, within the same approximation scheme, as a star collapses t
he probability of a distant observer seeing an infinite redshift at th
e Schwarzschild radius of the star is zero, and there is a vanishing p
robability of a Schwarzschild black hole event horizon forming during
gravitational collapse. [S0556-2821(97)07122-1].