In differential calculus, maxima and minima are two of the most important ideas. The top and bottom points of a function are studied in a branch of math called “Calculus of Variations.” The calculus of variations is about how the value of a function changes when a small change in the function causes a change in the value of the function. The linear part of the change in the function is the first part of the variation. The quadratic part of the change is the second part of the variation. Functional is written as the definite integrals that include the functions and their derivatives. The Euler–Lagrange of the calculus of variations can be used to find the functions that maximise or minimise the functional area. These two Latin words, maxima and minima, both mean the highest and lowest values of a function, which is pretty clear. Together, the maximum and minimum are called the “Extrema.”
Theory of Maxima and Minima:
Analytical methods are used in the classical theory of maxima and minima to find the maxima and minima of a function. These are the highest and lowest points of the function. We want to find the values of a function’s n independent variables, x1, x2,…, xn, at its maximum and minimum points.
What is maxima and minima in algebra?
Maxima is a system for manipulating symbolic and numerical expressions, such as differentiation, integration, Taylor series, Laplace transforms, ordinary differential equations, systems of linear equations, polynomials, sets, lists, vectors, matrices, and tensors. In an algebraic function, the maxima is the point where the value is the highest, and the minima is the point where the value is the lowest.
How to find the equation of a maxima and minima?
The first-order derivative test and the second-order derivative test can be used to figure out where the maximum and minimum of a function are. The fastest way to find the top and bottom points of a function is to use derivative tests. Let’s talk about them one at a time.
First Order Derivative Test for Maxima and Minimum:
The slope of a function is given by its first derivative. As we move toward a maximum point, the slope of the curve goes up. At the maximum point, the slope is 0, and as we move away from the maximum point, the slope goes down. In the same way, as we move toward the minimum point, the slope of the function goes down. At the minimum point, the slope is 0, and as we move away from the minimum point, the slope goes up. With this information, we can tell if the point is the maximum or the minimum.
Let’s say we have a function f that is defined in an open interval I and is continuous at the critical point, with f'(c) = 0. (slope is 0 at c). Then we check the value of f'(x) at the point left of the curve and right of the curve, as well as the nature of f'(x), and we can say that the given point is:
Local maxima: If f'(x) changes from positive to negative as x goes up at point c, then f(c) gives the maximum value of the function in that range.
Local minima: If f'(x) changes sign from negative to positive as x goes up at point c, then f(c) gives the minimum value of the function in that range.
Point of inflection: The point c is the point of inflection if the sign of f'(x) doesn’t change as x goes up through c and c is neither the maximum nor the minimum of the function.
Second-Order Derivative Test for Maxima and Minima:
If the second derivative of the function is within the given range, then the given point will be:
Local maxima: If f”(c) < 0
Local minima: If f”(c) > 0
If f”(c) = 0, the test fails.
Conclusion
Finding the maximum and minimum values of a function is also useful in the real world because it lets us solve optimization problems like figuring out how to make the most money, use the least amount of material to make an aluminium can, or figure out how high a rocket can go.