## Monte Carlo method

☆

a technique for obtaining an approximate solution to certain mathematical and physical problems, characteristically involving the replacement of a probability distribution by sample values and usually done on a computer

## Monte Carlo method

noun

A computer-simulation technique that uses random samples and other statistical methods to find approximate solutions to mathematical or physical problems.

Origin of Monte Carlo method

After**Monte Carlo**.

## Monte Carlo method

Noun

(*plural* Monte Carlo methods)

- (mathematics, statistics) Any of a class of techniques for estimating the solution of a numerical mathematical problem by means of a random artificial sampling experiment that simulates the problem.

Origin

Named after the Monte Carlo casino.

## monte carlo method - Computer Definition

A technique that provides approximate solutions to problems expressed mathematically. Using random numbers and trial and error, it repeatedly calculates the equations to arrive at a solution. Many of the Monte Carlo methods and practices used to be referred to as rather generic "statistical sampling." Monte Carlo, of course, is a historical reference to the famous casino in Monaco.