A small principality in Europe. But you knew that. It is a simulation technique. First make some assumptions about the distribution of changes in market prices and rates (for example, by assuming they are normally distributed), then collecting data to estimate the parameters of the distribution). The Monte Carlo then uses those assumptions to give successive sets of possible future realizations of changes in those rates. For each set, the portfolio is revalued.

A list of Monte Carlo Tutorials is at http://www.cooper.edu/engineering/chemechem/MMC/tutor.html. The lectures by D.M. Cepperley http://archive.ncsa.uiuc.edu/Apps/CMP/method.html are particularly good. See similar questions...

Monte Carlo simulation is a tool for scenario analysis that TaraFolioTM uses to determine the likelihood of achieving your financial goals, given the investment portfolio(s) that you have chosen. TaraFolioTM calculates thousands of possible values your investments might grow to be during the years leading to your goals (e.g. retirement, college education, home purchase, etc). Some economic circumstances will boost your investments, while others may diminish them. See similar questions...

Exit the airport on Swenson. Turn left at Tropicana Avenue. Go about 1½ miles until you reach Las Vegas Blvd. Turn right on Las Vegas Blvd. and go about one-quarter mile. Monte Carlo is on the left side of the Strip (Las Vegas Blvd.). You should anticipate 15-30 minutes travel time, depending on traffic. See similar questions...

Take the Tropicana Avenue exit. Turn right on to NV-593 East. Turn left on to South Las Vegas Boulevard and make a U-turn at the next light. Monte Carlo will be on your right. Take the Flamingo Road East exit. Merge onto East Flamingo Road and take a slight right on to South Las Vegas Boulevard. See similar questions...

Address the package to The Monte Carlo Resort and Casino, 3770 Las Vegas Blvd. South, Las Vegas, NV 89109. Be sure to write the recipient's name on the package, followed by the words "Hotel Guest" and their arrival date. Our Business Services Center will notify the guest of their package. All packages are subject to a processing and delivery fee based on the weight of the item. For more information call (702) 730-7265. See similar questions...

Sorry, pets are not allowed. Our Front Desk or Room Reservations staff may assist you with kennel locations. Service animals are allowed. See similar questions...

Most special events at Monte Carlo such as slot tournaments, blackjack tournaments, and special casino events are held in conjunction with our Casino. Attendance is normally restricted to Players Club members who meet the required play criteria, and tickets are not sold to the general public. If you would like information on how to be included in these special events, please contact our Casino Marketing Department at (800) 822-8276. See similar questions...

The social investments made by MGM MIRAGE are dedicated to strengthening the communities where our employees live, work and care for their families. For this reason our charitable contributions are focused in Nevada, Mississippi and Detroit, Michigan and our giving areas focus on development of at-risk youth, public education, community development and diversity. If your request falls within these geographic and giving priorities, please visit our website at www.mgmmiragevoice. See similar questions...

In the early years as an A-body it was based on the Chevelle and designed with a bit of luxury in mind. Later it followed the G-body line. The 1995-up Monte's are members of the W-body line, like the Lumina. See similar questions...

Monte Carlo Simulation is a computer-generated statistical equation used to calculate the uncertainty in a forecast of future events. Instead of using a single value for each variable in a model, it uses many values from historical data and therefore can more accurately illustrate volatility and risk. It is used to provide a more accurate projection of financial needs because it factors in fluctuations in the stock market. See similar questions...

note that some upgraded tire sizes will affect speedometer results, please look into the program "tiresize calc" located in the goodie bin for more info) See similar questions...

On the Road and Rally frames, it will depend on the tire and the brakes. Generally, the brakes will limit the tire size more than the frame. Also, the actual tire size can vary quite a bit from what is on the label. Some 700x28s are wider than some 700x32s. With Campy dual pivot brakes, I've been able to fit Rivendell Roll-y Pol-y 700x28 tires (which are pretty fat for a 700x28) on the Road frame. With single pivot brakes, you can fit some 700x35s and most 700x32s. See similar questions...

Yes. The Monte Carlo Card Game is included with the MoneyGuidePro Planning System. The Card Game is an interactive, educational investment concept that helps an advisor explain how variability of returns affects clients' results. Deena Katz's book, Tools and Templates for Your Practice (Bloomberg Press, 2001) features the Card Game in Chapter 6, Client Education. See similar questions...

Several companies offer shuttle service to and from McCarran International Airport (approximately $5.00 per person one-way). Signs are posted on the transportation level at the airport outside baggage claim which will direct you to the shuttle area. Return shuttles run from Monte Carlo to the airport from 6:00 a.m. to 1:30 a.m. Reservations are recommended for airport returns after 6:00 p.m. Our Bell Desk can assist you with the arrangements. See similar questions...

quot;Comps" are offered to rated table games players and slot players based on their previous play at Monte Carlo or the other MGM MIRAGE properties that make up our Players Club. Play is tracked on your Players Club card. You can also receive special hotel e-mail offers throughout the year by signing the Guestbook on our website. Visit our "Promotions" page to see additional rate specials posted two to three months in advance. See similar questions...

The only way to know for sure is to compare results with a complete, systematic calculation. (see How do I know I have the global minimum?.) You can build your confidence in the Monte-Carlo results by restarting the search from a different initial conformations. If multiple starting points yield the same "global minimum" you should have confidence that the algorithm is spanning the conformational space fairly well. See similar questions...

Most any Fiat wheel with the 4x98 bolt pattern will fit on a 128. The offset, however, might not be correct for the application, and may create wheel-rub. Lancia Beta wheels work nicely since they are 14x5.5 alloy wheels with a front-wheel-drive offset. They look great on a 128 too! See similar questions...

You are free to write your own, but BUGS and MCSim are of some use here. BUGS is extensively documented. Be sure to visit the Bugs Home Page. See similar questions...

I know that one major bank uses 500 simulations for its Monte Carlo VaR. Again, the answer depends on the complexity of the portfolio. Linear instruments, fewer simulations. But MC has its own peculiarities that affect accuracy. For example, some MC routines use "variance reduction." These are "tricks" used to improve accuracy for a given simulation size. With variance reduction techniques (e.g., Antithetic Variates), the fewer simulations needed for a given accuracy. See similar questions...