I. ˌmän-tē-ˈkär-(ˌ)lō adjective
Etymology: Monte Carlo, Monaco, famous for its gambling casino
Date: 1949
: of, relating to, or involving the use of random sampling techniques and often the use of computer simulation to obtain approximate solutions to mathematical or physical problems especially in terms of a range of values each of which has a calculated probability of being the solution
Monte Carlo calculations
II. ˌmän-tē-ˈkär-(ˌ)lō, ˌmȯn-tā- geographical name
commune Monaco population 14,702