Search for a term:

Monte Carlo


Definition
An analytical technique in which a large number of simulations are run using random quantities for uncertain variables and looking at the distribution of results to infer which values are most likely. The name comes from the city of Monte Carlo, which is known for its casinos.

Related Terms on BusinessDictionary

Monte Carlo method
operations research (OR)

Related Personal Finance Articles

Loading...

Monte Carlo in the news

Loading...

Monte Carlo is ...

... part of the Technical Analysis subject.

Search volume for Monte Carlo

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z