Monte Carlo methods describe a set of computer simulation techniques that rely on random number generation to solve complex optimization and integration problems arising in statistics and its related fields. The term Monte Carlo is a reference to the ...

  • Loading...
locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles