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Provide two (2) examples of optimization problems that require curve fitting. Describe each one briefly.

Provide two (2) examples of optimization problems that require curve fitting.

Describe each one briefly.

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The subject of optimization and curve fitting has received a lot of attention by trading system.curve fitting is the process of finding a curve that fits best a collection of data points in a sense that some objective function subject to constraints are maximised

Example: Least square is a curve fitting method that minimises the sum of squared individuals.A residual is the difference between a fitted and actual value. The objective function is to minimize when using this method in order to get the best fit,is the sum of squared residuals

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