Wize University Calculus 1 Textbook > Applications of Differentiation
The Extreme Value Theorem

Extreme Value Theorem (EVT)
Continuous functions on a closed interval are guaranteed to have a maximum and a minimum.
Extreme Value Theorem
If f(x) is a continuous function on [a,b], then f(x) must have both a maximum and minimum value on [a,b].

Formally, there existsm,M∈[a,b] such that f(M)≥f(x)≥f(m), for all x∈[a,b]