PLEASE HELP! What is the difference between categorical and quantitative data? Give examples of each of your own for each. What
1 answer:
You might be interested in
The minimum or maximum value of a quantity are what are used to maximize or minimize a function.
<em>The method for finding these minimum or maximum value is linear programming.</em>
<em />
Take for instance, the following parameters:
Subject to:
The above is an illustration of a linear programming.
It is useful in the following areas:
- To formulate real life problems
- To get an optimal solution
- To maximize profit and minimize cost
- Etc
Read more about linear programming at: