Theory, application, and implementation of Monte Carlo method in science and technology / / edited by Pooneh Saidi Bidokhti.

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. Howev...

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Place / Publishing House:London : : IntechOpen,, 2019.
Year of Publication:2019
Language:English
Physical Description:1 online resource (188 pages)
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