Monte Carlo methods

GPTKB entity

Statements (33)
Predicate Object
gptkbp:instanceOf computational algorithm
gptkbp:characterizedBy random sampling
gptkbp:developedBy 1940s
gptkbp:hasApplication option pricing
risk analysis
Bayesian inference
statistical physics
particle transport
https://www.w3.org/2000/01/rdf-schema#label Monte Carlo methods
gptkbp:namedAfter Monte Carlo Casino
gptkbp:notableContributor gptkb:John_von_Neumann
gptkb:Nicholas_Metropolis
gptkb:Stanislaw_Ulam
gptkbp:relatedTo gptkb:quasi-Monte_Carlo_methods
gptkb:central_limit_theorem
gptkb:law_of_large_numbers
gptkb:Markov_chain_Monte_Carlo
importance sampling
random number generation
stochastic simulation
variance reduction
gptkbp:usedFor gptkb:simulation
numerical integration
optimization
probability estimation
gptkbp:usedIn gptkb:machine_learning
engineering
finance
physics
statistics
gptkbp:bfsParent gptkb:Numerical_Analysis
gptkb:machine_learning
gptkbp:bfsLayer 4