Is it possible for a discontinuous function to achieve a global minimum?

Apr 4, 2011 ... check performance over a wide range of inputs and parameter values, including extreme values, to verify that the model is robust. Such ... Nov 1, 2021 ... 2013) and, thus, can be used to facilitate a wider range of theory-driven research that incorporates complex layers of information contained in ... The specification of these prior distributions enables us to supplement the information provided by the data – which, in extreme value analyses, is often very ... One of the most fundamental challenges lies in how to benefit from the comple- mentary information in the multi-view data, so that clustering on such data ... Therefore it would be possible to begin with the relative information as primitive and define the absolute information as the value of the relative information ... Nov 28, 2023 ... “Weakly informative” priors are defined here as priors that serve only to constrain the parameter space to plausible values but are weak enough ... ... informative asymptotic limits. Extreme Value Theory (EVT) is the branch of statistics which studies the properties of extreme values, and enables them to be ... Range offers that began with an extreme value ($9,500 to. $9,900 and $9,500 to $12,500) showed limited gains beyond the extreme point offer ($9,500). In sum, ... Nov 3, 2023 ... The problem of the limited amount of information has inspired the present study to examine the extreme value behaviour of Johannesburg stock ... Another issue is the economic value of the information which is displayed by alternative VaR estimators. Opposed to financial institutions where VaR ...