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单词 Monte Carlo method
释义
Monte Carlo method

Chemistry
  • A numerical method for solving mathematical and physical problems that involves the random sampling of numbers. Applications of Monte Carlo methods include calculations in the theory of liquids, phase transitions, and quantum mechanical systems. The name comes from the casino at Monte Carlo and alludes to the use of random numbers in this technique.


Economics
  • A method of investigating the behaviour of economic models which are too complicated for analytical solutions to be possible. A system is started off at a large number of initial positions chosen at random, and followed through a numerical simulation to see how it evolves. Monte Carlo methods can be used to check whether a system has an equilibrium, and whether this is stable for any starting point, or for some limited region of possible starting points. Monte Carlo simulations are used in econometrics to approximate the true sampling properties of an estimator of a model parameter or of a test statistic. This is achieved by generating a large number of independent artificial data sets under the conditions of interest and calculating the parameter estimate or the statistic for each data set. For example, the sample mean of the parameter estimate across the data sets is used to approximate the true mean of the sampling distribution of the correspondent estimator.


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