Explore
Theory, Application, and Implementation of Monte Carlo Method in Science and Technology
0 Ungluers have
Faved this Work
Login to Fave
The Monte Carlo method is a numerical technique to model the probability of all possible outcomes in a process that cannot easily be predicted due to the interference of random variables. It is a technique used to understand the impact of risk, uncertainty, and ambiguity in forecasting models. However, this technique is complicated by the amount of computer time required to achieve sufficient precision in the simulations and evaluate their accuracy. This book discusses the general principles of the Monte Carlo method with an emphasis on techniques to decrease simulation time and increase accuracy.
This book is included in DOAB.
Why read this book? Have your say.
You must be logged in to comment.
Rights Information
Are you the author or publisher of this work? If so, you can claim it as yours by registering as an Unglue.it rights holder.Downloads
This work has been downloaded 7 times via unglue.it ebook links.
- 7 - pdf (CC BY) at mts.intechopen.com.
Keywords
- Computer modelling & simulation
- Computer science
- Computing & information technology
- thema EDItEUR::U Computing and Information Technology::UY Computer science::UYM Computer modelling and simulation
Links
DOI: 10.5772/intechopen.78141Editions