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We do not carry ads and will never sell your data to third parties. Explained: Monte Carlo simulations. Speak to enough scientists, and you hear the words “Monte Carlo” a lot.
“We ran the Monte Carlos,” a researcher will say. What does that mean? The scientists are referring to Monte Carlo simulations, a statistical technique used to model probabilistic (or “stochastic”) systems and establish the odds for a variety of outcomes. Processing.org.
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