Comprehensive Exordium of Monte Carlo Simulation Technique: An Alternative Approach for Measurement Uncertainty Evaluation

Abstract

Precise and accurate measurements are essential for reliable experimental investigations and establishments of immaculate scientific theories. It has been realized that the measurement observations are always accompanied by certain reservations, hence to provide quality measurements, systematic assessment of these uncertainties is of much significance. This article attempts to demonstrate the procedure for measurement uncertainty evaluation using Law of Propagation of Uncertainties (LPU) and Monte Carlo Simulation (MCS) technique as per the recommendations of JCGM 101: 2008 using Microsoft Excel. Interestingly, it has been perceived that the expanded uncertainty values and histograms acquired using Law of Propagation of Uncertainties (LPU) and Monte Carlo Simulation (MCS) are distinctive.