The second derivative of a function, denoted as \(f''(x)\), describes how the rate of change of the rate of change is behaving. Essentially, it's the derivative of the derivative.
This is crucial because it gives insights into the concavity of a function.
- If \(f''(x) > 0\), the function is concave up.
- If \(f''(x) < 0\), the function is concave down.
Calculating the second derivative involves taking the derivative of the first derivative. In the example, the given function \(f(x) = (x-1)^2\) had a first derivative of \(2(x-1)\), and further differentiating that gives a second derivative of \(2\), which is a constant positive number, confirming the graph's upward concavity across its entire domain.