(After Monte Carlo, Monaco - a gambling mecca) Any one of various methods involving statistical techniques for finding the solutions to mathematical or physical problems. For example, to calculate ref="module.php?name=Lexikon&file=search&eid=1&query=pi">pi: draw a square then draw the biggest circle that fits exactly inside it. Pick random points on the square. The proportion of these that lie within the circle should tend to pi/4. (2005-04-05)
