Stopping Criteria and Floating-Point Limits
This lesson is part of the course
In this lesson
You apply absolute, relative and residual stopping rules to the same iteration, see that they stop at different steps, and calculate the floor that floating point puts under any tolerance.
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Lessons in this course
- Bisection with Error Bounds: Guaranteed Accuracy for a Break-Even Locked
- Newton-Raphson with a Numerical Derivative: the Rate Inside a Lease Locked
- The Secant Method: Bond Yield Without a Derivative Locked
- Fixed-Point Iteration: Circular Interest, Convergence and Divergence Locked
- Comparing Convergence Speed: Bisection, Newton, Secant & Fixed Point Locked
- IRR as the Root of NPV: Newton vs Excel's IRR Locked
- Trapezoid vs Simpson: Error vs Step Size and the Observed Order Locked
- Stopping Criteria and Floating-Point Limits Locked