See Also: Monte Carlo simulation(money)
Monte Carlo simulation(finance)
Monte Carlo(dictionary)
Monte-Carlo(encyclopedia)
Monte Carlo(dictionary)
Monte Carlo method(encyclopedia)
monte carlo method(medicine)
Ballet Russe de Monte Carlo(encyclopedia)
simulation(dictionary)
simulation(dictionary)

Monte Carlo simulation (money)


Definition: [crh] An analytical technique for solving a problem by performing a large number of trail runs, called simulations, and inferring a solution from the collective resultsDefinition: of the trial runs. Method for calculating the probability distribution of possible outcomes.