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Monte Carlo method
(redirected from Monte Carlo simulations)

   Also found in: Dictionary/thesaurus, Financial, 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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We will not utilize Monte Carlo simulations in our cost analysis.
After the introduction, they cover polymer dynamics in melts, self-consistent field theory and its applications, and a comparison of that theory with Monte Carlo simulations.
Just as the 5 percent of electric shocks occurred 100 percent of the time when the electrician was standing in water, so too could the 5 percent investor shock occur with a much higher probability than Monte Carlo simulations suggest.
 
 
 
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