AI Anyone Can Understand: Part 8 — The Monte Carlo Method

Understanding the basics of the Monte Carlo method

Andrew Austin
Towards AI
Published in
9 min readDec 29, 2022

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Photo by Mark de Jong on Unsplash

Simplified Explanation

The Monte Carlo method is a way of solving problems by using random numbers and probabilities. It can be used to make predictions or estimates about things that are hard to calculate exactly.

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