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Monte-Carlo simulations

What happened

Monte Carlo simulations (or methods ) is the technique of applying randomness and the Law of large numbers to the solution of various scientific and engineering problems. One of its first documented uses was by Stanislaw Ulam and John von Neumann for nuclear weapon simulations after WWII [1] .

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Why it's spreading

Timeline

  1. First appeared on LobstersLobsters
  2. Discussion started on Hacker NewsHacker News

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