
Named after Stefan Banach, a Polish mathematician who introduced this concept in his doctoral dissertation in 1920. His work laid the foundations of functional analysis.
The norm allows measuring distances between elements. Completeness means that approximations do not lead beyond the space: by infinitely improving the approximation of a complex function with simple ones, we eventually get a function from the same set. This guarantees that the approximated quantity indeed has a 'final station'.
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