Class 12 Statistics Notes · GSEB
Maxima and Minima
Maxima and Minima — apply the f' = 0 and f' test to find peaks, valleys and function values. GSEB Class 12 Commerce Statistics notes with a step-by-step finder.
Last updated: 24 Sep 2026
Notes
Maximum and Minimum Values
Maximum at x = a
f(a) > f(a + h) and f(a) > f(a − h) for small positive h — the peak of a local hill.
Minimum at x = a
f(a) < f(a + h) and f(a) < f(a − h) for small positive h — the bottom of a local valley.
Maximum ≠ largest value
The Four-Step Method
Differentiate
Find f′(x) of the given function.
Set f′(x) = 0 and solve
The roots are the stationary points (candidates only).
Apply the f″ test
f″ < 0 at a root → maximum · f″ > 0 → minimum · f″ = 0 → inconclusive, use sign change of f′.
Plug back into f(x)
Substitute each x into the ORIGINAL function to get the actual max/min value.
Memory hook
Explore: Peak and Valley Finder
Perform the same four steps you would write in the exam: differentiate → solve f′ = 0 → apply the f″ test → plug back into f(x). Each click unlocks the next step on the curve and in the cards.
Work through steps 1–4 in order — the same four steps you will write in the exam…
Condition Reference
| Condition | Result | Shape |
|---|---|---|
| f′ = 0, f″ < 0 | Maximum | peak (∩) |
| f′ = 0, f″ > 0 | Minimum | valley (∪) |
| f′ = 0, f″ = 0 | Inconclusive | test the sign of f′ around the point |
| Value at the max/min | Substitute x into f(x) | never leave it at x alone |
Solved Examples
Solved Example
Problem
Solution
Maximum value = 16 at x = −2; Minimum value = −11 at x = 1
Solved Example
Problem
Solution
Maximum value = 13/27 at x = −2/3; Minimum value = −9 at x = 2
Solved Example
Problem
Solution
Maximum 40 at x = 2; Minimum 39 at x = 3
Real Business Stakes
Find the valley — minimise cost
A steel plant with C = 10x² − 1000x + 50000 finds C′ = 0 at x = 50, and C″ = 20 > 0 → minimum. Producing 50 tons costs ₹25,000 — cheaper than 40 or 60.
Find the peak — maximise profit
Zomato-style dashboards optimise delivery incentive spend: too little incentive → orders drop, too much → margin erodes. The profitable middle is the maximum of the profit function — f′ = 0, f″ < 0.
Negative example — stopping at step 2
Key Takeaways
Key Takeaways
- ★ Maximum: f′(a) = 0 AND f″(a) < 0. Minimum: f′(a) = 0 AND f″(a) > 0.
- Stationary points are only candidates — the f″ test (or sign change of f′) delivers the verdict.
- Always substitute back into f(x) to get the actual maximum/minimum VALUE, not just the x.
- Maximum means locally highest in a neighbourhood — not necessarily the largest value over the whole domain.
- Procedure: differentiate → set to zero → f″ test → substitute. Where → which → how much.
- So what? Cheapest production scale and best production scale for profit are literally the valley and peak of cost and profit curves.