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The Unbelievable Accuracy of the Monte Carlo Method

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The Unbelievable Accuracy of the Monte Carlo Method

The year was 1945, the year I was born. That in itself is of great significance to me.  However, it was a momentous year in history. World War II came to its merciful end and the development of the first electronic computer – the ENIAC—was nearing completion. At a post-war Los Alamos National Laboratory (LANL), mathematician Stanislaw Ulam envisioned the possibilities of reviving statistical techniques that would have a...

Related Topics: eniac, Enrico Fermi, LANL, Los Alamos, Monte Carlo, Stanislaw Ulam

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