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Noun: Monte Carlo  'món-tee'kaa(r)-low
  1. A town and popular resort in the principality of Monaco; famous for its gambling casino
     
  2. (statistics) a method of calculating some quantity by using many random samples from a distribution
    "the matrix can be computed quickly by Monte Carlo"

Type of: town

Part of: Monaco, Principality of Monaco

Encyclopedia: Monte Carlo, Monaco