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2. Monte Carlo method - Wikipedia

   en.wikipedia.org/wiki/Monte_Carlo_method

   Monte Carlo method: Pouring out a box of coins on a table, and then computing the ratio of coins that land heads versus tails is a Monte Carlo method of determining the behavior of repeated coin tosses, but it is not a simulation. Monte Carlo simulation: Drawing a large number of pseudo-random uniform variables from the interval [0,1] at one ...

3. Poker calculator - Wikipedia

   en.wikipedia.org/wiki/Poker_calculator

   A poker odds calculator calculates a player's winning ratio. Winning ratio is defined as, the number of games won divided by the total number of games simulated in a Monte Carlo simulation for a specific player.

4. Monte Carlo methods in finance - Wikipedia

   en.wikipedia.org/wiki/Monte_Carlo_methods_in_finance

   Pricing using Monte Carlo simulation, a practical example, Prof. Giancarlo Vercellino; Personal finance. A Better Way to Size Up Your Nest Egg, Businessweek Online: January 22, 2001; Online Monte Carlo retirement planner with source code, Jim Richmond, 2006; Free spreadsheet-based retirement calculator and Monte Carlo simulator, by Eric C., 2008

5. Cholesky decomposition - Wikipedia

   en.wikipedia.org/wiki/Cholesky_decomposition

   The Cholesky decomposition is commonly used in the Monte Carlo method for simulating systems with multiple correlated variables. The covariance matrix is decomposed to give the lower-triangular L . Applying this to a vector of uncorrelated observations in a sample u produces a sample vector Lu with the covariance properties of the system being ...

6. Simulation decomposition - Wikipedia

   en.wikipedia.org/wiki/Simulation_decomposition

   SimDec, or Simulation decomposition, is a hybrid uncertainty and sensitivity analysis method, for visually examining the relationships between the output and input variables of a computational model. SimDec maps multivariable scenarios onto the distribution of the model output. [ 1 ]

7. Atmospheric radiative transfer codes - Wikipedia

   en.wikipedia.org/wiki/Atmospheric_radiative...

   At the core of a radiative transfer model lies the radiative transfer equation that is numerically solved using a solver such as a discrete ordinate method or a Monte Carlo method. The radiative transfer equation is a monochromatic equation to calculate radiance in a single layer of the Earth's atmosphere.