Timeline for Why is the term "Monte Carlo simulation" used instead of "Random simulation"?
Current License: CC BY-SA 3.0
6 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Dec 28, 2017 at 21:22 | comment | added | Jack Meister | @whuber: I see what you mean. Consider a "fuzzy sort" algorithm that just runs randomized quicksort for 10 steps. This would be a Monte Carlo algorithm by my definition, but it wouldn't be a Monte Carlo simulation (as the question asks about) because there is no model being simulated. | |
| Dec 28, 2017 at 14:43 | comment | added | whuber♦ | The issue of termination indicates you aren't writing about the statistical meaning of a Monte Carlo simulation at all: you have a particular kind of (nondeterministic) algorithm in mind. Although they share a name and randomness in their implementation, they are distinct ideas with different applications. | |
| Dec 28, 2017 at 5:16 | comment | added | Michael R. Chernick | This doesn't address the term Monte Carlo. Like Las Vegas and Atlantic City, Monte Carlo is a famous gambling location and since gambling involves chance and random number generation is done by chance that was the connection. It is also called simulation. | |
| Dec 28, 2017 at 4:56 | history | edited | Jack Meister | CC BY-SA 3.0 |
added 50 characters in body
|
| Dec 28, 2017 at 4:45 | review | First posts | |||
| Dec 28, 2017 at 5:16 | |||||
| Dec 28, 2017 at 4:45 | history | answered | Jack Meister | CC BY-SA 3.0 |