Monte Carlo method

Monte Carlo method

noun Statistics.
a technique for numerically approximating the solution of a mathematical problem by studying the distribution of some random variable, often generated by a computer.

Origin:
1945–50; alluding to the randomness of such a method, as characteristic of the games of chance played at Monte Carlo

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To Monte Carlo method
Collins
World English Dictionary
Monte Carlo method
 
n
a heuristic mathematical technique for evaluation or estimation of intractable problems by probabilistic simulation and sampling
 
[C20: named after the casino at Monte Carlo, where systems for winning at roulette, etc, are often tried]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature