a method of creating data based on the Standard Model to be used in a simulation of a proton - antiproton collisions.
simulation: A technique used to estimate the likely range of outcomes from a complex process by simulating the process under randomly selected conditions a large number of times
a town and popular resort in the principality of Monaco; world-famous for its gambling casino
see our page devoted to the randomly bouncing photons around.
When used to analyze the return that an investment portfolio is capable of producing, a Monte Carlo simulation generates thousands of probable investment performance outcomes, called scenarios, that might occur in the future. The simulation incorporates economic data such as a range of potential interest rates, inflation rates, tax rates, and so on, combined in random order. As a result, it's designed to account for the uncertainty and performance variation that's always present in financial markets. In one specific use, financial analysts employ Monte Carlo simulations to project whether or not the investments you are making in your retirement accounts are likely to produce the return you need to meet your long-term goals.
A technique for producing estimates of "true" outcomes of stochastic processes by simply running many iterations of the model process and averaging the outcomes together. Results are given as statistics, e.g. mean and standard deviation of variable X.
A technique that is used especially in weather forecasting, in which simulations are performed and compared. Each simulation is like a different roll of dice. The simulations are compared, and if each states the same thing, like it’s going to be a hot day, then it probably will be. If the simulations come up different, the weather forecast isn’t quite so certain. A new distributed computing project, Casino-21, will be using this method. See also: Casino-21.
(adj.) Making use of randomness. A simulation in which many independent trials are run independently to gather statistics is a Monte Carlo simulation. A search algorithm that uses randomness to try to speed up convergence is a Monte Carlo algorithm.
Monte Carlo (Occitan: Montcarles, Monégasque: Monte-Carlu) is the wealthiest of Monaco's 4 quarters, sometimes erroneously believed to be the country's capital, even though there formally is none. Monte Carlo is known for its casinos, gambling, glamour, and for sightings of famous people. The permanent population is 30,000 (1990 estimate).
Monte Carlo (also known as Weddings and Double and Quits) is a solitaire pair-matching card game (using a deck of 52 playing cards) where the object is to remove pairs from the tableau. Contrary to its name, it has no relation to the city with the same name nor to any casino-related game.
Monte Carlo was a song by British band The Verve. It was first released as the second of two (second of three in Japan) bonus tracks on the compilation album This is Music: The Singles 92-98. The song was recorded during the Urban Hymns sessions in late 1996, and was originally in contention for an album place, but the band decided not to use the song after the Christmas break they had during recording.