In order to find a critical value (maximum or minimum) we need to compute the first derivative, which is given by
Then, a critical value ocurrs when
which implies that
So by adding 6 to both side, we have
Therefore, there is a maximum or minimum at x=1.
In order to see if the point represents a maximum or minimum, we need to find the second derivative of our function, which is given by
We have that if the second derivative is positive, the point represents a minimum and if it is negative, the point represents a maximum. In our case, since the second derivative is greater than zero (positive number) there is a minimum point at x=1. Then, by substituting this values into the function, we get
so the minimum point is located at (1,2).
Therefore, with the above information, the answers are:
Does the function have a minimum or maximum values? Answer: Minimum
Where does the minimum or maximum value occur? Answer: x=1
Whats is the funtion's minimum or maximum values? Answer: 2