A method of simulating random outcomes, used many fields (finance, molecular modelling, etc.)
the main town of Monaco where many wealthy people live or visit. It has many casinos and is famous for a car rally and the Monaco Grand Prix car race, which are held there every year
A technique for producing estimates of "true" outcomes of stochastic processes by simply running many iterations of the model process and averaging the outcomes together Results are given as statistics, e g mean and standard deviation of variable X
An approach in which many independent trials are used to evaluate integrals, with trial parameters chosen randomly
(adj ) Making use of randomness A simulation in which many independent trials are run independently to gather statistics is a Monte Carlo simulation A search algorithm that uses randomness to try to speed up convergence is a Monte Carlo algorithm
In physics the Monte Carlo is used to describe processes that calculate an average by a random sampling The name comes from the city Monte Carlo which is famous for gambling -- which also uses random events like the tossing of dice Monte Carlo is in the principality of Monaco which is on the coast of the Mediterranean, near Nice in France
Random sampling techniques applied in computer simulations and modeling to obtain approximate solutions in problems where exact solutions do not exist (SM*)
Random (i e , stochastic) sampling in the context of an integration or averaging problem Monte Carlo inversion is the process of determining the appropriate random variable for a desired weighting function so that the final sample weights are equal In the absence of better information or techniques, this results in the most efficient sampling pattern
Instead of sequencing through all theoretically possible combinations of a function (all inputs, states, and outputs), generate random reasonable input sequences, often collecting just statistics on the resulting series of outputs This method provides fast coverage of many situations, surfacing unexpected yet reasonable exceptions (e g , catastrophic combinations not conceived by designers) and allowing trends to be deduced N NPF Network Processing Forum (www npforum org)
a town and popular resort in the principality of Monaco; world-famous for its gambling casino
A technique that is used especially in weather forecasting, in which simulations are performed and compared Each simulation is like a different roll of dice The simulations are compared, and if each states the same thing, like its going to be a hot day, then it probably will be If the simulations come up different, the weather forecast isnt quite so certain A new distributed computing project, Casino-21, will be using this method See also: Casino-21
the fallacy, most often believed by gamblers, that a past random event influences the outcome of a future random event, that is, that a run of even numbers at roulette means that there is a greater chance of an odd number next time
Any of a class of techniques for estimating the solution of a numerical mathematical problem by means of an artificial sampling experiment that simulates the problem
Statistical method of approximating the solution of complex physical or mathematical systems. The method was adopted and improved by John von Neumann and Stanislaw Ulam for simulations of the atomic bomb during the Manhattan Project. Because the method is based on random chance, it was named after a gambling resort
(Ticaret) A method that estimates possible outcomes from a set of random variables by simulating a process a large number of times and observing the outcomes
Ballet company formed in Monte Carlo in 1932. The name derived from Sergey Diaghilev's Ballets Russes, which dissolved after his death in 1929. Under René Blum and Col. W. de Basil, the company presented works by Léonide Massine and George Balanchine and featured Alexandra Danilova, André Eglevsky, and David Lichine. In 1938 clashes split the company into two groups: the Original Ballet Russe (led by de Basil), which toured internationally before dissolving in 1948; and the Ballet Russe de Monte Carlo (led by Massine), which toured mainly in the U.S. with Danilova, Alicia Markova, and Maria Tallchief until 1963
Resort (pop., 1990: 14,702), one of the four quarters of Monaco. It is situated northeast of Nice on the French Riviera. In 1856 Charles III of Monaco granted a charter allowing a joint-stock company to build a casino, which opened in 1861. The district around it, called Monte-Carlo, became a luxurious playground for the world's rich. The government took over the casino's operating company in 1967
Turkish - English
Definition of monte carlo in Turkish English dictionary