Optimization Methods
Published in Wiley StatsRef: Statistics Reference Online • Sep 29, 2014
NobleIDNI9P95W90R12S19
Authors:,
Robert Michael Lewis
Michael W. Trosset
Abstract
Abstract Optimization is concerned with identifying the best element in a set of competing possibilities. Except in special circumstances, one must use numerical methods to search for solutions iteratively. If one's problem is well‐behaved, for example, the objective to be minimized is smooth and th...
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