Nature

Monte Carlo Methods in Nuclear Systems Sensitivity Analysis

Monte Carlo methods have become a cornerstone in nuclear systems analysis, particularly for sensitivity studies, which determine how variations in nuclear data can affect key reactor parameters. These ...
Nature

Monte Carlo Methods in Measurement Uncertainty Evaluation

Monte Carlo methods have emerged as a crucial tool in the evaluation of measurement uncertainty, particularly for complex or non-linear measurement systems. By propagating full probability ...
Investopedia

How to Create a Monte Carlo Simulation Using Excel

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Gordon Scott has been an active investor and ...
Semiconductor Engineering

An Advanced Modeling Approach For Cyclic Safety Mechanisms In A Fault Tree Analysis

A technical paper titled “Best Practices for Advanced Modeling of Safety Mechanisms in an FTA” was published by researchers at University of Stuttgart, Robert Bosch GmbH, Audi AG, and Porsche AG. “To ...
Investopedia

Monte Carlo Simulation: What It Is, How It Works, History, 4 Key Steps

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...