5.1: Extreme Values of Functions Definition: Absolute Extreme Values Let 𝑓 be a function with domain 𝐷. Then 𝑓(𝑐) is the: (a) Absolute maximum value on 𝐷 if and only if 𝑓(𝑥) ≤ 𝑓(𝑐) for all 𝑥 in 𝐷. (b) Absolute minimum value on 𝐷 if and only if 𝑓(𝑥) ≥ 𝑓(𝑐) for all x in 𝐷. **Absolute or global max and min values are also called absolute extrema Example 1: For the function 𝑦 = 𝑥 2 , find all absolute extrema on the following domains: (a) (−∞, ∞) (b) [0,2] (c) (0, 2] (d) (0, 2) Extreme Value Theorem: If 𝑓 is continuous on a closed interval [𝑎, 𝑏], then 𝑓 has both a maximum and minimum value on the interval. (Draw a sketch below) Definition: Local Extreme Values Let 𝑐 be an interior point of the domain of 𝑓. Then 𝑓(𝑐) is a: (a) Local maximum value at 𝑐 if and only if 𝑓(𝑥) ≤ 𝑓(𝑐) for all 𝑥 in some open interval containing 𝑐. (b) Local minimum value at 𝑐 if and only if 𝑓(𝑥) ≥ 𝑓(𝑐) for all 𝑥 in some open interval containing 𝑐. *𝑓 has a local max or local min at an endpoint c if the appropriate inequality holds for some half-open domain interval containing 𝑐. **local extrema are also called relative extrema **an absolute extremum is also a local extremum The figure below summarizes how we classify extreme values: **************Finding Extreme Values************************** Local Extreme Values: If 𝑓 has a local max or local min at an interior point 𝑐 of its domain, and if 𝑓′ exists at 𝑐, then 𝑓 ′ (𝑐) = 0. Definition: Critical Point A point on the interior of the domain 𝑓 at which 𝑓 ′ = 0 or 𝑓′ DNE is a critical point of f. Definition: Stationary Point A point on the interior of the domain 𝑓 at which 𝑓 ′ = 0 is a stationary point of f. ** We only need to look for extrema where 𝑓 ′ = 0, where 𝑓′ DNE, or at the endpoints of a given closed interval. This is known as the Candidate’s Test. Example 2: Find the extreme values of the function and where they occur. (a) 𝑓(𝑥) = 3𝑥 5 − 5𝑥 3 − 1 on [−2, 2] (b) 𝑓(𝑥) = ln 𝑥 𝑥 on [1, 3] 5.1: Extreme Values of Functions Definition: Absolute Extreme Values Let 𝑓 be a function with domain 𝐷. Then 𝑓(𝑐) is the: (a) Absolute maximum value (b) Absolute minimum value on 𝐷 if and only if 𝑓(𝑥) ≤ 𝑓(𝑐) for all 𝑥 in 𝐷. on 𝐷 if and only if 𝑓(𝑥) ≥ 𝑓(𝑐) for all x in 𝐷. **Absolute or global max and min values are also called absolute extrema Example 1: For the function 𝑦 = 𝑥 2 , find all absolute extrema on the following domains: (a) (−∞, ∞) (b) [0,2] (c) (0, 2] (d) (0, 2) Extreme Value Theorem: : If 𝑓 is continuous on a closed interval [𝑎, 𝑏], then 𝑓 has both a maximum and minimum value on the interval. (Draw a sketch below) Definition: Local Extreme Values Let 𝑐 be an interior point of the domain of 𝑓. Then 𝑓(𝑐) is a: (a) Local maximum value at 𝑐 if and only if 𝑓(𝑥) ≤ 𝑓(𝑐) for all 𝑥 in some open interval containing 𝑐. (b) Local minimum value at 𝑐 if and only if 𝑓(𝑥) ≥ 𝑓(𝑐) for all 𝑥 in some open interval containing 𝑐. *𝑓 has a local max or local min at an endpoint c if the appropriate inequality holds for some half-open domain interval containing 𝑐. **local extrema are also called relative extrema **an absolute extremum is also a local extremum The figure below summarizes how we classify extreme values: **************Finding Extreme Values************************** Local Extreme Values: If 𝑓 has a local max or local min at an interior point 𝑐 of its domain, and if 𝑓′ exists at 𝑐, then 𝑓 ′ (𝑐) = 0. Definition: Critical Point A point on the interior of the domain 𝑓 at which 𝑓 ′ = 0 or 𝑓′ DNE is a critical point of f. Definition: Stationary Point A point on the interior of the domain 𝑓 at which 𝑓 ′ = 0 is a stationary point of f. ** We only need to look for extrema where 𝑓 ′ = 0, where 𝑓′ DNE, or at the endpoints of a given closed interval. This is known as the Candidate’s Test. Example 2: Find the extreme values of each function and where they occur. (a) 𝑓(𝑥) = 3𝑥 5 − 5𝑥 3 − 1 on [−2, 2] (b) 𝑓(𝑥) = ln 𝑥 𝑥 on [1, 3]