Monte Carlo methods form an experimental branch of mathematics that employs simulations driven by random number generators. These methods are often used when others fail, since they are much less sensitive to the curse of dimensionality, which plagues deterministic methods in problems with a large number of variables. Monte Carlo methods are used in many fields: mathematics, statistics, physics, chemistry, finance, computer science, and biology, for instance.
Monte Carlo methods form an experimental branch of mathematics that employs simulations driven by random number generators. These methods are often us...