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Monte Carlo Estimation of the Area of a Circle

Input data
Nbr. Replications, N = 5
Sample size, n = 30,000 Steps = 3
Radius, r = 5
Center, cx = 1
Center, cy = 2
Output results
Exact area = 78.540
Press to Execute Monte Carlo
Monte Carlo Calculations:
n=30000 n=60000 n=90000
Replication 1 78.207 78.555 78.483
Replication 2 78.673 78.752 78.581
Replication 3 78.300 78.288 78.281
Replication 4 78.503 78.347 78.343
Replication 5 78.983 78.775 78.760

Mean = 78.533 78.543 78.490


Std. Deviation = 0.308 0.225 0.191

95% lower conf. limit = 78.151 78.263 78.253


95% upper conf. limit = 78.915 78.823 78.727

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