Monte Carlo method

noun

, Statistics.

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

Monte Carlo method

noun

1. a heuristic mathematical technique for evaluation or estimation of intractable problems by probabilistic simulation and sampling

Word History and Origins

Origin of Monte Carlo method¹

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

Word History and Origins

Origin of Monte Carlo method¹

C20: named after the casino at Monte Carlo, where systems for winning at roulette, etc, are often tried

Example Sentences

They also used the Monte Carlo method, a mathematical technique, to represent the effects of light circulation within the human skin.

From Science Daily

We learned about Klári’s work with the Monte Carlo Method and with nuclear weapons.

From Scientific American

And the Monte Carlo Method could provide the answers.

From Scientific American

Remember, the Monte Carlo method involves simulating a course of events, and letting it play out over and over again.

From Scientific American

Meaning, with the Monte Carlo Method, you’re living out the possible scenarios of what could happen to get a sense of what’s probable.

From Scientific American