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How Does Blind Search Differ from Optimization

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How does blind search differ from optimization?


Definitions:

Annual Rate of Return

This is the percentage change in the value of an investment over a one-year period, taking into account both capital gains and income received.

Investment

The allocation of resources, usually financial, in expectation of a future return, which may include interest earnings, dividends, or appreciation in value.

Property

Legally owned items, including real estate and personal belongings, over which the owner has exclusive rights.

Present Value

The current estimation of future financial gains or cash flows, discounted by a particular return rate.

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