MONTE CARLO SIMULATION

Monte Carlo Simulation

Monte Carlo Simulation

Monte Carlo methods (or Monte Carlo experiments) are the class of computational algorithms that rely on repeated random sampling to compute their results. Monte Carlo methods are often used in simulating physical and mathematical systems. Because of its reliance on repeated computation of random numbers or pseudo-random, these methods are more suitable for calculation of the computer and tend to be used when it is not feasible or impossible to calculate an accurate result with the deterministic algorithm.

Monte Carlo methods are especially useful in studying systems with the large number of coupled degrees of freedom, ...