Monte Carlo algorithm

Monte Carlo algorithm is a numerical method used to find solutions to mathematical problems which may have many variables that cannot be solved easily by integral calculus or other numerical methods.

Monte Carlo, which is famous for its gambling casinos, lends its name to this method because of the use of chance or random numbers and also the repetitive nature employed to find the approximation to the solution. As such it is a method best suited to calculation using a computer, hence, Monte Carlo algorithm.