Monte Carlo definition

Monte Carlo simulation means that random numbers play a role here which is as crucial as in games of pure chance in the Casino of Monte Carlo.
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Monte Carlo process means that analyses are repeated numerous times until the statistical proper- ties of the output parameters start to stabilize. In this work, each Monte-Carlo simulation involves the generation of a random field and void distribution as explained previously. This is followed by an elastic analysis of the block such as that shown in Figure 1. The primary outputs from each elastic analysis are the vertical and horizontal deformations of the block, δv and δh , respectively. Although each simu-
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Monte Carlo means the Monte Carlo hotel-casino and resort in Las Vegas, Nevada.
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Examples of Monte Carlo in a sentence

  • For example, Monte Carlo simulations, where very large numbers of simulations are to be completed within a short timeframe.

  • When applicable, the covered swap entity should consider bench- marks that allow for non-normal dis- tributions such as historical and Monte Carlo simulations.

  • The Investor Portal includes certain projections based upon Monte Carlo simulations (as described in further detail on the Methodology and Assumptions page of the Investor Portal).

  • In simulation models, the approximations are determined by the chosen numerical method (e.g. ▇▇▇▇▇-Kutta’s method, the finite difference method, or the Monte Carlo method).

  • Methodological study of evaluating the traceability of neodymium based on the global substance flow analysis and Monte Carlo simulation.

  • PEREGRINE utilizes large nuclear, atomic, and electron databases, the patient CT scan data, and the Monte Carlo method to accurately calculate the dose delivered to a patient for photon teletherapy sources.

  • The Target Number of Units granted is determined by the fair value of the award using the closing stock price on the date of grant for Units allocated for Revenue Growth, EBITDA Margin and EBITDA Dollars, whereas a Monte Carlo valuation is used to determine the grant date fair value for Units allocated for Relative TSR.

  • Based on Monte Carlo simulations of the user’s resources, liabilities, and human capital, an appropriate asset level portfolio is selected and a savings rate and retirement age are determined that best suits each user’s situation.

  • The State Agency shall notify vendors of changes to State and Federal statutes, regulations, policies, or procedures governing the Program before the changes are implemented.

  • The potenual use of salivary concentrauons in the context of tdm was assessed through Monte Carlo simulauons.

Related to Monte Carlo

  • Monte Titoli means Monte Titoli S.p.A.

  • Tabarru ” means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help all Takaful Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Participants’ Risk Fund.

  • CESA means the California Endangered Species Act (Fish & G. Code, § 2050 et seq.) and all rules, regulations and guidelines promulgated pursuant to that Act.

  • CASA means the Civil Aviation Safety Authority.

  • CAFA means the Class Action Fairness Act of 2005, 28 U.S.C. §§ 1711-1715.