as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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what are the key components of a genetic algorithm?
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the key components of a genetic algorithm are a population of candidate solutions, a fitness function used to assess the quality of these solutions, a selection process which selects high-performing solutions to be used in the next generation, a genetic variation operator which introduces diversity within the population, and a loop which continuously repeats the selection and variation steps until a certain condition or criteria is met.
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