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| | Monte Carlo (Site not responding. Last check: 2007-10-14) |
 | | Monte Carlo methods are employed in a wide variety of fields including economics, finance, physics, chemistry, engineering, and even the study of traffic flows. |
 | | The Monte Carlo method was then applied to problems related to the atomic bomb." (Simulation and the Monte Carlo Method by Reuven Y. Rubinstein, John Wiley and Sons, Inc., New York, 1981, p.11.) For a brief history of Monte Carlo Methods see http://stud2.tuwien.ac.at/~e9527412/history.html. |
 | | The simulation then randomly chooses and plots points in the unit square, continuously counts the number which fall within the quarter circle, divides by the running total of the number of points currently plotted, and displays the result as well as 4 times the result. |
| astro.temple.edu /~dhill001/montecarlo/monte.html (1330 words) |
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