Monte Carlo
Mon·te Car·lo
adj \ˌmän-tē-ˈkär-(ˌ)lō\Definition of MONTE CARLO
: of, relating to, or involving the use of random sampling techniques and often the use of computer simulation to obtain approximate solutions to mathematical or physical problems especially in terms of a range of values each of which has a calculated probability of being the solution <Monte Carlo calculations>
Origin of MONTE CARLO
Monte Carlo, Monaco, famous for its gambling casino
First Known Use: 1949
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