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Monte Carlo method

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
Monte Carlo method
a computer trial or study which uses random numbers in the simulation and analysis of complex relationships and events.


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Readers might include electrical and electronics engineers, students, and researchers who are interested in applying Monte Carlo methods to electromagnetic computation and have completed an introductory course on numerical analysis that includes finite difference method.
In this regard, the Monte Carlo method is only a tool that allows informed decision maker's to apply their insight and knowledge to estimate project risk.
MONTE CARLO SIMULATION OF PHOTODEGRADATION The Monte Carlo method is a technique for modeling the evolution of a system whose final state is due to the repeated application of many small events.
 
 
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Monte Carlo and Quasi Monte Carlo
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