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 means the Monte Carlo hotel-casino and resort in Las Vegas, Nevada.
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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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Examples of Monte Carlo in a sentence

  • Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations.

  • The market condition based on total shareholder return was incorporated by utilizing a Monte Carlo simulation.

  • Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations.

  • This stems from including several sources of error (Monte Carlo simulations for random errors, a residual permutation algorithm to assess systematic errors and the effect of using different LD laws), some of which are not incorporated into previous works.Although my uncertainty estimates are generally larger than those from other studies, solutions of different light curves for individual systems still do not agree to within these errors.

  • The residual-permutation un- certainties are in good agreement with the Monte Carlo results, in- dicating that correlated noise is not important for these data.The quadratic-law best fit is shown in Fig.

  • For the final results I therefore adopt the solutions with one LDC fitted and with Monte Carlo uncertainties (Table 5) – these results are in reasonable agree- ment with those of Charbonneau et al.

  • This uncertainty over which part of the stellar disc the planet eclipses causes the fractional radii of ∼≈6 Some of the Monte Carlo simulation results presented by Charbonneau et al.

  • This comparison makes it clear that it is much easier to measure the radii of TEPs which do not have central transits.Table A6 contains the results of the JKTEBOP analysis and demon- strates that allowing two LDCs to be fitted instead of one does not improve the quality of the fit at all and results in very small non-linear LDCs. The residual-permutation method gives very similar uncertainties to the Monte Carlo analysis.

  • A probably similar effect was seen whilst writing the Monte Carlo algorithm for JKTEBOP and is caused by the value of i becoming almost exactly 90◦ during the model fitting process.

  • The fair value of performance share units awarded with market price conditions is determined using the Monte Carlo pricing model and the fair value of performance share units with non-market performance conditions is based on the fair market value of a common share equivalent on the date of grant.

Related to Monte Carlo

  • 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.

  • POPIA means the Protection of Personal Information Act 4 of 2013;

  • Promotores means individuals who are members of the community who function as natural helpers to address some of their communities’ unmet mental health, health and human service needs. They are individuals who represent the ethnic, socio-economic and educational traits of the population he/she serves. Promotores are respected and recognized by their peers and have the pulse of the community’s needs.

  • pH means the logarithm of the reciprocal of the weight of hydrogen ions in grams per liter of solution.

  • WURA means the Winding-Up and Restructuring Act (Canada).

  • B-BBEE means broad-based black economic empowerment as defined in section 1 of the Broad-Based Black Economic Empowerment Act;