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Difference between revisions of "Monte Carlo Simulation"
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==Definition== | ==Definition== | ||
− | Monte Carlo Simulation is a computerized mathematical technique that allows risk to be accounted for in quantitative analysis and decision making. | + | Monte Carlo Simulation, sometimes referred to as the Monte Carlo method, is a computerized mathematical technique that allows risk to be accounted for in quantitative analysis and decision making. |
==Discussion== | ==Discussion== |
Revision as of 13:58, 5 August 2017
Article Information | ||
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Category: | Safety Management | |
Content source: | SKYbrary | |
Content control: | SKYbrary |
The present article is under construction.
Reader enquiries are welcome, contact the editor: editor@skybrary.aero. |
Monte Carlo Method
Definition
Monte Carlo Simulation, sometimes referred to as the Monte Carlo method, is a computerized mathematical technique that allows risk to be accounted for in quantitative analysis and decision making.
Discussion
[[Portal:Safety Management
[[Category:Enhancing Safety
[[Category:SM Methods and Tools