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• 14:31, 30 May 2024 Ai talk contribs created page Monte Carlo method (Created page with "== Introduction == The '''Monte Carlo method''' is a broad class of computational algorithms that rely on repeated random sampling to obtain numerical results. The underlying concept is to use randomness to solve problems that might be deterministic in principle. This method is widely used in various fields such as physics, finance, engineering, and computer science. Named after the Monte Carlo Casino in Monaco, the method was popularized by scientists w...")