The theme of many articles focuses on saving for retirement. Obviously, these articles go on to say people are afraid of running out of money during their retirement years. A long, enjoyable ...

Monte Carlo 3D dose-check calculations help clinical physicists maintain confidence in their patient-specific QA for hard-to-treat disease indications Independent viewpoint: given the clinical ...

Monte Carlo simulation — the method of statistical analysis that determines the probability of certain events using a roulette-wheel like generation of random numbers — has become so popular that ...

In the investment world, it’s common to discuss average rates of return. It’s not sufficient, however, to simply add up historical returns and divide by how many there are. The proper way to calculate ...

In a more complicated post-9/11 world, one in which highly unlikely things seem to occur more frequently, a growing number of advisors and wealth managers are modifying their retirement planning tools ...

Monte Carlo has announced a new capability that helps companies understand which data is most important for the business, and in turn increase data trust. Built on top of the Monte Carlo Data ...

Mark Cussen, CMFC, has 13+ years of experience as a writer and provides financial education to military service members and the public. Mark is an expert in investing, economics, and market news.

First-principles quantum Monte Carlo is a framework used to tackle the solution of the many-body Schrödinger equation by means of a stochastic approach. This framework is expected to be the next ...