This tag is for questions relating to "Extreme Value Theorem". The Extreme Value Theorem guarantees both a maximum and minimum value for a function under certain conditions.
Extreme Value Theorem : If a function $f(x)$ is continuous on a closed interval $[ a, b]$, then $f(x)$ has both a maximum and minimum value on $[ a, b]$.
- Knowing existence and computing extrema of a function will solve problems in many settings. Existence is given by the extreme value theorem.
- The extreme value theorem is used to prove Rolle's theorem.
- The extreme value theorem enriches the boundedness theorem by saying that not only is the function bounded, but it also attains its least upper bound as its maximum and its greatest lower bound as its minimum.
For more details see
https://en.wikipedia.org/wiki/Extreme_value_theorem