Many statistical models for natural language processing exist, including context-based neural networks that (1) model the previously seen context as a latent feature vector, (2) integrate successive words into the context using some learned representation (embedding), and (3) compute output probabilities for incoming words given the context.
brain imaging studies have suggested that during reading, the brain (a) continuously builds a context from the successive words and every time it encounters a word it (b) fetches its properties from memory and (c) integrates it with the previous context with a degree of effort that is inversely proportional to how probable the word is.