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Optimization Methods

The importance of optimization in data analysis is reflected in the large number of methods and algorithms developed to solve optimization problems. Here is a short survey on optimization methods:

Before selecting one specific optimization method, an important constraint has to be considered: it makes a big difference, whether the value of the response function can be obtained by inserting the parameters into a mathematical equation, or if a real-world experiment has to be performed with the new parameter set (as is the case, for example, in the optimization of processes in the chemical industry).

Last Update: 2006-Jšn-17