Stopping criteria refer to specific conditions or rules used to determine when a numerical algorithm should cease its iterative process. These criteria are crucial as they help ensure the efficiency and effectiveness of convergence in computational methods, preventing unnecessary computations while balancing accuracy and resource consumption. They play a vital role in evaluating the stability and convergence of methods, as well as guiding numerical optimization techniques to find optimal solutions.
congrats on reading the definition of stopping criteria. now let's actually learn it.