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Monte Carlo

An analytical technique in which a large number of simulations are run using random quantities for uncertain variables and looking at the distribution of results to infer which values are most likely. The name comes from the city of Monte Carlo, which is known for its casinos.

Related information about Monte Carlo:
  1. Monte Carlo - Wikipedia, the free encyclopedia
    Monte Carlo (French: Monte-Carlo or colloquially Monte-Carl, Monégasque: Monte-Carlu) officially refers to an administrative area of the Principality of Monaco, ...
     
  2. Monte Carlo method - Wikipedia, the free encyclopedia
    Monte Carlo methods (or Monte Carlo experiments) are a class of computational algorithms that rely on repeated random sampling to compute their results.
     
  3. Monte Carlo Resort and Casino - Las Vegas Hotels, Las Vegas Strip
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  4. Monte Carlo (2011) - IMDb
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  7. Monaco - Official site of Monaco
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    Visit the Monte-Carlo Bay, a luxury resort hotel in the heart of Monaco on the Mediterranean coast. Luxury hotel on the Nice Riviera.