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Part A, Question 2:
(a) Findthe best descriptions of Monte Carlo method from the following options
(a) Find
the best descriptions of Monte Carlo method from the following options
The core of Monte Carlos methods is repeated random sampling
Monte Cardo methods can be used to verify statistical/probablity theories.
Any numerical procedure involving random sampling can be called Monte Carlo method
Monte Cardo methods can be used to estimate the sensitivites of a calculation to random errors.
When realizing Monte Carlo in coding, the random sampling/sample generation code should be outside the for loop
Monte Carlo method is a numerical method
Monte Cardo methods can be used to estimate random output of a system with random inputs.
Monte Carlo is an analytical method.
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