Question: 2. Consider the function: f(x) = ln(x) when x > 0. i. Find df(x)/dx and d 2 f(x)/dx2 . ii. Is f(x) convex or concave?
2. Consider the function: f(x) = ln(x) when x > 0. i. Find df(x)/dx and d 2 f(x)/dx2 . ii. Is f(x) convex or concave? Why? iii. Graph f(x). iv. Calculate the second order Taylor approximation to f(x) around x = e.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
