Monte Carlo Simulation: MPI4Py
Monte Carlo simulations are a statistical technique that allows for solving problems through random sampling. They are widely used in various fields such as physics, finance, and engineering to understand the impact of risk and uncertainty in prediction and forecasting models. The core idea is to use randomness to solve problems that might be deterministic in nature. You can visit the detailed tutorial here. For example, to estimate the value of Pi ((\pi)), we can use the Monte Carlo method….