Web www.software-risk.co.uk

The use of a mathematical model to imitate a situation many times in order to estimate the likelihood of various possible outcomes. See: Monte Carlo simulation.

Copyright © 2005, Campbell R. Harvey. All Worldwide Rights Reserved. Do not reproduce without explicit permission.

Related Articles
U.S. Air Traffic Control Development
Monte Carlo Simulation
desk checking

Similar Areas

Finance Items

Selected Books

Keywords

Simulation