Monte Carlo method

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Related to Monte carlo software: Monte Carlo simulation, Monte Carlo analysis

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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Monte Carlo software is capable of handling almost an unlimited number of variables, thereby enabling all audit issues to be included in the calculation.
RELEASES SCIMC, NEW MONTE CARLO SOFTWARE FOR PRICING DERIVATIVES
The Monte Carlo software bundle includes Turtle Beach's new Sierra Audio Rack, a multimedia rack controller capable of shrinking and running on top of the current program's menu bar.
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