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One of the main uses of derivatives is to find minimum and maximum values of a function, or more simply put, extreme values (or extrema) of a function.
A function can have any one of the following:
has a global (or absolute) maximum at
if
for all x. In other words,
is the largest value of a function
, and occurs when
.
has a global (or absolute) minimum at
if
for all x. In other words,
is the smallest value of a function
, and occurs when
.
has a local (or relative) maximum at
if
for all x close to
. In other words,
is the largest value of a function
for values near
.
has a local (or relative) minimum at
if
for all x close to
. In other words,
is the smallest value of a function
for values near
.
has a global (or absolute) maximum at
if
for all x. In other words,
is the largest value of a function
, and occurs when
.
has a global (or absolute) minimum at
if
for all x. In other words,
is the smallest value of a function
, and occurs when
.
has a local (or relative) maximum at
if
for all x close to
. In other words,
is the largest value of a function
for values near
.
has a local (or relative) minimum at
if
for all x close to
. In other words,
is the smallest value of a function
for values near
.EXAMPLE
Consider the function
as shown in the graph below.
has a global maximum and local maximum at
, and its value is 10.
EXAMPLE
Now consider the function
, but contained on the interval
, both a local and global maximum occurs and is equal to 10.
has a global minimum at
, which is equal to -6.
means that
is the most extreme value on an open interval containing
(both sides of
).
Source: THIS TUTORIAL HAS BEEN ADAPTED FROM CHAPTER 3 OF "CONTEMPORARY CALCULUS" BY DALE HOFFMAN. ACCESS FOR FREE AT WWW.CONTEMPORARYCALCULUS.COM. LICENSE: CREATIVE COMMONS ATTRIBUTION 3.0 UNITED STATES.