The Monte Carlo simulation estimates the probability of different outcomes in a process that cannot easily be predicted because of the potential for random variables.
To simulate chance occurrences, a computer can’t literally toss a coin or roll a die. Instead, it relies on special numerical recipes for generating strings of shuffled digits that pass for random ...
I am looking to estimate the potential for failure in a complex system using Monte Carlo simulation. I am quite familiar with using MC for engineering simulations, but have never approached the ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback