26984 words

monte

1 definition • 2 examples
1
a way of finding an approximate solution to a problem in mathematics or physics by studying a large quantity of numbers produced randomly (= by chance), usually using a computer, especially when this gives a range of results each with a calculated probability (= mathematical chance) of being correct:

Examples:

Analytical tools like the Monte Carlo method can help in such large scale problems.
By creating a simulation using Monte Carlo methods, we are able to assess the level of risk in the existing system and in the two proposed systems.

Navigation