Monte Carlo method love

Monte Carlo method

Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • noun A computer-simulation technique that uses random samples and other statistical methods to find approximate solutions to mathematical or physical problems.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun mathematics, statistics Any of a class of techniques for estimating the solution of a numerical mathematical problem by means of a random artificial sampling experiment that simulates the problem.

Etymologies

from The American Heritage® Dictionary of the English Language, 4th Edition

[After Monte Carlo.]

from Wiktionary, Creative Commons Attribution/Share-Alike License

Named after the Monte Carlo casino.

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