Statements (32)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:statistical_analysis
|
| gptkbp:advantage |
Handles High-Dimensional Problems
|
| gptkbp:application |
gptkb:Particle_Physics_Simulations
gptkb:Radiation_Transport gptkb:Risk_Analysis Computer Graphics Bayesian Inference Option Pricing |
| gptkbp:basedOn |
Random Sampling
|
| gptkbp:developedBy |
1940s
|
| gptkbp:limitation |
Requires Many Samples
Slow Convergence |
| gptkbp:namedAfter |
Monte Carlo Casino
|
| gptkbp:notableFigure |
gptkb:John_von_Neumann
gptkb:Stanislaw_Ulam |
| gptkbp:output |
Statistical Estimate
|
| gptkbp:purpose |
gptkb:Numerical_Integration
Uncertainty Quantification Optimization |
| gptkbp:relatedTo |
gptkb:Markov_Chain_Monte_Carlo
gptkb:Law_of_Large_Numbers Importance Sampling Variance Reduction |
| gptkbp:requires |
gptkb:Random_Number_Generator
|
| gptkbp:usedIn |
gptkb:Machine_Learning
gptkb:Physics Engineering Finance Statistics |
| gptkbp:bfsParent |
gptkb:MCE
|
| gptkbp:bfsLayer |
7
|
| https://www.w3.org/2000/01/rdf-schema#label |
Monte Carlo Estimation
|