Undefined function or variable 'fminsearchbnd'.

Hi, I am new to Matlab. I get an error message "Undefined function or variable 'fminsearchbnd'" when I ran code of Paolo Zagaglia ( http://in.mathworks.com/matlabcentral/fileexchange/34391-probability-of-informed-trading ) downloaded from mathwork. All the codes and data are available in the downloaded rar file. Can anybody help me to identify where I went wrong? Thank You

Answer 1

[Mischa Kim]

Mohammed, did you add the folder you downloaded to the MATLAB search path?

In the MATLAB editor go to the Home tab in the tool strip, click Set Path (in ENVIRONMENT section) and add the folder with subfolders.

[Mohammed Iqbal]

Yes, I did that but still getting the same error message. Are you able run the code Mischa Kim?

[Mischa Kim]

Yes, I have. It works.

One more thing, you do need: fminsearchbnd, as pointed out in the File Exchange contribution by Paolo Zagaglia.