Answer:
The function has a minimum
The minimum value is zero
Explanations:
Given the quadratic function expressed as shown below:

We are to determine if the function has a minimum or maximum value.
Step 1: Find the critical points of the function. At turning point f'(x) = 0.

Equating the function to zero to get the critical point(s)

Step 2: Determine the second derivative of the function:

Since f''(x) > 0, hence the function given is at the minimum.
Determine the minimum value of the function by substituting x = 4 into the original function.

Hence the minimum value of the function is zero