Which of the following statements is true for the function f(x) = x3+x2-3x-1?
Select one:
a. The first-order, forward-looking method overestimates the value of the derivative at x = -1.0 because the function is convex at that location.
b. The first-order, forward-looking method underestimates the value of the derivative at x = -1.0 because the function is concave up at that location.
c. The first-order, forward-looking method overestimates the value of the derivative at x = -1.0 because the function is concave up at that location.
d. The first-order, forward-looking method underestimates the value of the derivative at x = -1.0 because the function is convex at that location.
NOTE: OPTION B IS INCORRECT.
NOTE: OPTION A IS INCORRECT
As -1 lies in above interval it is convex at that location.
As OPTION A IS INCORRECT Then
Answer is D
The first-order, forward-looking method underestimates the value of the derivative at x = -1.0 because the function is convex at that location.
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