MONTE CARLO METHOD


Meaning of MONTE CARLO METHOD in English

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.

Britannica Concise Encyclopedia.      Краткая энциклопедия Британика.