The Mean Value Theorem (MVT) is a fundamental concept in calculus that connects the average rate of change of a function over an interval to an instantaneous rate of change within that interval. Imagine driving a car from point A to point B. If you know your average speed was 50 km/h, the Mean Value Theorem assures you that at some moment during your trip, your speedometer showed exactly 50 km/h. This is captured by the theorem's statement:
- If a function \( f \) is continuous on a closed interval \([a, b]\) and differentiable on the open interval \((a, b)\), there exists at least one point \( c \) in \((a, b)\) such that
\[f'(c) = \frac{f(b) - f(a)}{b - a}\]This result is incredibly handy for making inferences about the behavior of a function based on its derivative. If the derivative \(f'(x)\) is always nonnegative or nonpositive in an interval, it helps us draw conclusions about the function's increasing or decreasing nature over that interval.