In mathematics, a point at which the value of a function is lowest. If the value is less than or equal to all other function values, it is an absolute minimum.
If it is merely less than at any nearby point, it is a relative, or local, minimum. In calculus, the derivative equals zero or does not exist at a function's minimum point. &Seealso; maximum, optimization.
This is the complete article, containing 66 words
(approx. 1 page at 300 words per page).
View More Summaries on Extreme value