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Monte Carlo

An analytical technique in which a large number of simulations are run using random quantities for uncertain variables and looking at the distribution of results to infer which values are most likely. The name comes from the city of Monte Carlo, which is known for ITS casinos.

Related Terms: 7 Car, ITS, Monte Carlo, NOW, Own, Quant, Simulation
Other Related Pages: Category: Technical_Analysis Starting With: M
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