Monte Carlo methods are used in almost every branch of science: to evaluate risk in finance, to generate realistic lighting and shadows in 3D graphics, to do reinforcement learning, to forecast weather, and to solve complex game theory games. There are many types of Monte Carlo Methods, but they all follow a general pattern — using random sampling to model complex systems.
The Unreasonable Effectiveness of Monte Carlo
The Unreasonable Effectiveness of Monte Carlo…
The Unreasonable Effectiveness of Monte Carlo
Monte Carlo methods are used in almost every branch of science: to evaluate risk in finance, to generate realistic lighting and shadows in 3D graphics, to do reinforcement learning, to forecast weather, and to solve complex game theory games. There are many types of Monte Carlo Methods, but they all follow a general pattern — using random sampling to model complex systems.