Monte Carlo integration in Python

And it is in this higher dimension that the Monte Carlo method particularly shines as compared to Riemann sum based approaches. We introduced the concept of Monte Carlo integration and illustrated how it differs from the conventional numerical integration methods. We also showed a simple set of Python codes to evaluate a one-dimensional function and assess the accuracy and speed of the techniques. The broader class of Monte Carlo simulation techniques is more exciting and is used in a ubiquitous manner in fields related to artificial intelligence, data science, and statistical modeling. For example, the famous Alpha Go program from DeepMind used a Monte Carlo search technique to be computationally efficient in the high-dimensional space of the game Go. Numerous such examples can be found in practice.