Describe the purpose of Monte Carlo simulations. How can these be used in designs?

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orchestra answered 2 years ago

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I've heard the claim that some aspects of string theory are used to improve Monte-Carlo simulations of lattice QCD, for example by people working at the LHC. I know a bit about Monte-Carlo methods in lattice QCD, but have no idea of how string theory ideas are applied to QCD at all, so I'd like to ask for a short explanation of how and why string theory ideas are applied to QCD in general and how they can be used...

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Time series models and Monte Carlo simulations are complex but valuable tools in analyzing risk. Define the following terms in relation to Monte Carlo simulations: time series equations, volatility, normal distributions, mean reversion, long-term equilibrium, and Monte Carlo simulation. How do the terms relate to stochastic analysis?

Time series models and Monte Carlo simulations are complex but valuable tools in analyzing risk. Define...

Time series models and Monte Carlo simulations are complex but valuable tools in analyzing risk. Define the following terms in relation to Monte Carlo simulations: time series equations, volatility, normal distributions, mean reversion, long-term equilibrium, and Monte Carlo simulation. How do the terms relate to stochastic analysis?

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Describe the purpose of Monte Carlo simulations. How can these be used in designs?

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