Chapter 2.3 1
Chapter 2.3
Derivative Notation and Numerical Estimates
02p152b
Chapter 2.3 2
To recap from last section:
• Average rate of change of a
function measures how a function changes, on average, over an
interval. It is the slope of a secant.
• Instantaneous rate of change (or
just, rate of change) of a function measures how a function changes at a point. It is the slope of the
02p152b
Chapter 2.3 4
If f(x) is the output for an input variable, x,
then the instantaneous rate of change of f(x) at an input value of x = a, is written as
This value is the slope of the tangent line to f(x) at x = a.
And it is defined as the derivative of f(x) at x = a.
Chapter 2.3 5
is one way to write the derivative of f(x) with respect to the input variable x at x = a.
Another way
Chapter 2.3 6
is the slope of the tangent line to f(x) at x = a.
And it is defined as the derivative of f(x) at x = a.
Chapter 2.3 7
f( x)
The slope of this tangent line is the derivative of f(x) at .
It is the instantaneous rate of change of f(x) at .
It is written as:
Chapter 2.3 8 2
f( x)
The slope of this tangent line is the derivative of f(x) at .
It is the instantaneous rate of change of f(x) at .
It is written as:
Chapter 2.3 9
Similar notation is used for other names for the input and output.
For example, when t is the input, and s(t) is the output, then the derivative of s(t) at t = a, is written
Like any slope,
Chapter 2.3 10
�
′(
6
)
=
��
��
|
�=6=
4.51
$
�
��
s(t) billion dollars
Chapter 2.3 11
Problem 1:
The profit, P(d), in units of thousands of dollars, is a function of the price, d, in units of dollars, at which an item
sells. We write this as P(d). Describe the following and indicate their units: A.
B.
C. D.
Chapter 2.3 12
Problem 1 Solved:
A. selling the item for $55
produces a profit of $32,500
B. when the item is selling at $45 profit is
increasing at profit is increasing as price
increases
C. when the item is selling at $51 profit is neither increasing nor
decreasing, it has reached a maximum value D. when the item is selling at $55
profit is decreasing at profit
is decreasing as price increases
Chapter 2.3 13
Problem 2:
In the following graph, c(t) is the number of customers served in a fast-food restaurant as a function of time, aligned to 7AM.
Chapter 2.3 14
A. Approximate the average rate of change between 7AM and 11AM. B. Approximate the average rate of
change between noon and 1 PM. C. Approximate . Interpret.
Chapter 2.3 15
D. Approximate . Interpret.
E. How many inflection points can you approximate?
Chapter 2.3 16
F. Over what input intervals is the rate at which customers are
entering the shop increasing?
G. Over what intervals is the rate at which customers are entering the shop decreasing?
Chapter 2.3 19
( 0, 16)
( 4,63)
( 5, 80) ( 6, 78)
A. avg rate of change between 7AM and 11AM: = 11.8
B. avg rate of change between Noon and 1PM: = -2.0
Chapter 2.3 20
( 1, 0)
( 4,63)
( 0, 57) ( 8, 40)
C. = 21.0
Problem 2 Solved (cont):
D. = -2.1
Chapter 2.3 21
����������� ����������� 4����������������
Chapter 2.3 22 F. increasing on these intervals: ,
Problem 2 Solved (cont):
G. decreasing on these intervals: ,
Chapter 2.3 23 H. = 0 at, approximately, , , and
Problem 2 Solved (cont):
I. on these intervals: ,
J. on these intervals: ,
Chapter 2.3 24
The percent rate of change of a
function is the rate of change of a function divided by the value of the function at the point of tangency, converted to a percentage:
% ������ �h����= ������ �h���� �� ������
���������� ������� �h������
Chapter 2.3 25
For a function, f(t), the percent rate of
change is the ratio of the derivative at a
point to the functional value at the point, that is:
% ���� �� �h����= �
′
(�)
� (� )
Chapter 2.3 26
What are the units for the percent rate
of change of a function?
% ���� �� �h����= �
′ (�) � (� ) �����= � ′ (� )����� � (� ) ����� � ′(� )�����= ������ ����� ����������
�
(
�
)
�����
=
������ �����
% ������ �h���� �����=%
����� �����
Chapter 2.3 27
Example:
A worker receives a $10,000 / year raise.
What is the percentage rate of change if:
A. her salary was = $50,000 B. her salary was = $150,000
Chapter 2.3 28
Part A:
If her salary increased by $10,000 per year and her salary was $50,000,
then
% ���� �� �h����= �
′
(�)
� (� )
% ������ �h����= $10,000 / ��
$50 ,000
% ������ �h����=20 %
��
Chapter 2.3 29
Part B:
If her salary increased by $10,000 per year and her salary was $150,000, then
% ���� �� �h����= �
′
(�)
� (� )
% ������ �h����= $10,000 / ��
$ 150 ,000
% ������ �h����=6.6 %´
��
Chapter 2.3 30
Problem 3:
The following graph represents a bank account balance as a function of time.
F(t) (dollars)
t (years)
Chapter 2.3 31
A. Graphically estimate how quickly the balance is growing 10 years after the initial deposit. That is,
determine the rate of change of the balance at 10 years. Do so by
estimating the slope of the tangent line at 10 yrs.
B. Approximate the percentage rate of change of the balance at 10
Chapter 2.3 32
Problem 3 Solved:
( 12, 2400)
( 4,1700)
�����=(2400−1700) $ (12−4) �� =
$ 87.5
��
( 10, 2240)
tangent line
F(t) (dollars)
Chapter 2.3 33
Problem 3 Solved (cont):
������ �h����=�′ (10)= � �
��
|
�=10���� �� �h����= (2400− 1700) $
(12− 4) �� =
$ 87.5
��
Chapter 2.3 34
Problem 3 Solved (cont):
% ������ �h����= ������ �h���� �� ������
���������� ������� �h������
% ������ �h����= $87.5/ ��
$ 2240 =.0391
% ������ �h����=3.91%/ ��
% ���� �� �h����=�
′
(10 )
� (10)
Chapter 2.3 35
Earlier, we determined the slope of a tangent line, that is, derivative of a
function, at a point. During that process we saw that
• as a sequence of points, P1, P2, and P3, more closely approached the
point at which we required evaluating the derivative,
• the slope of the secants connecting the points more nearly approximated the slope of the tangent at the point.
Chapter 2.3 36
point at which we require slope of tangent line = derivative
P1 P2
P3
S1 S2 S3
Chapter 2.3 37
S1 S2 S3
T
point at which we require slope of tangent line = derivative
Chapter 2.3 38
Similarly, when we know the functional relationship between an input and an output, we can numerically estimate
the derivative at a point by evaluating
the slope of secant lines for points progressively closer to the point at which we would like to know the derivative.
This is similar to the way we
numerically estimated end behavior of a function in Chapter 1.2.
Chapter 2.3 39
Example:
A corporation invests $32B in a market which generates a future value, F(t), where t is in years, given by:
A. How rapidly is the investment growing in the middle of year 4?
B. What is the percent rate of change in this investment at that time?
�
(
�)
=32(
1.12�)
02p161b
Chapter 2.3 40
Chapter 2.3 41
We wish to calculate the slope of
secant lines connecting the ordered pair (3.5, F(3.5)) to points
progressively closer to (3.5, F(3.5)). • We will do this for points
approaching (3.5, F(3.5)) from both sides (t 3.5 from left, and t 3.5 from right).
• And we will use the Table capabilities of the TI-84.
Chapter 2.3 42
t slope of secant
t 3.5 from left
3.49 3.499 3.4999
t 3.5 from right
3.51 3.501 3.5001
t slope of secant
t 3.5 from left
3.49 3.499 3.4999
t 3.5 from right
3.51 3.501 3.5001
Chapter 2.3 43
First, enter the investment growth function in Y1:
Any ordered pair on the graph of the function will therefore be in the form:
The ordered pair for an input of 3.5 is:
So a general slope formula can be entered in Y2 as:
Chapter 2.3 44
Now select TABLE (2nd GRAPH)
Entering values into the X column will automatically generate results in the
Y1 and Y2 columns.
While the table display may only show 3 or 4 decimal digits, resting the cursor on a value in the table will show the
value with more decimal digits at the bottom of the display window.
Chapter 2.3 45
t 3.5 from left
t Y1 = F(t) Y2 = slope of secant
3.49 47.525
3.499 47.573
3.4999 47.578
t 3.5 from left
t Y1 = F(t) Y2 = slope of secant
3.49 47.525
3.499 47.573
3.4999 47.578
Approaching t = 3.5 years from the left, the derivative of the function at t = 3.5 years is $5.392 B/yr
Chapter 2.3 46
t 3.5 from right
t Y1 = F(t) Y2 = slope of secant
3.51 47.633
3.501 47.584
3.5001 47.579
t 3.5 from right
t Y1 = F(t) Y2 = slope of secant
3.51 47.633
3.501 47.584
3.5001 47.579
Approaching t = 3.5 years from the right, the derivative of the function at t = 3.5 years is $5.392 B/yr
Chapter 2.3 47
The slope of the tangent line to the function at t = 3.5 years, that is, the
derivative of the function at t = 3.5 years is
�
′(
3.5
)
=
$
5.392
�
/
��
The investment growth function, , is therefore growing at a rate of $5.392
B/year in the middle of the 4th year of the
investment.
Chapter 2.3 48
Recall, the percent rate of change is
the ratio of the derivative at a point to the functional value at the point. For
function :
% ���� �� �h����= �
′
(� )
� (�)
Chapter 2.3 49
Confirm that:
% ���� �� �h����= � ′
(3.5)
� (3.5) =
$ 5.392 �/ ��
$ 47.579 � =11.3 %/ ��
We have already shown:
Therefore:
Chapter 2.3 50
Problem 4:
A. How rapidly is the investment
growing in the middle of year 11? That is, find
B. What is the percent rate of change in this investment at that time? That is, find
Chapter 2.3 51
t 10.5 from left
t Y1 = F(t) Y2 = slope of secant
10.49 105.06 11.913
10.499 105.17 11.920
10.4999 105.18 11.920
t 10.5 from right
t Y1 = F(t) Y2 = slope of secant
10.51 105.30 11.927
10.501 105.19 11.921
10.5001 105.18 11.920
Chapter 2.3 52
� (� )=32(1.12� )
�
(
10.5
)
=
$
105.18
�
�′
(10.5)=$ 11.92 �/ ��
% ���� �� �h����= �
′
(10.5 )
� (10.5) =
$11.92 � / ��
$ 105.18 � =11.3 %/ ��
Note the % rate of change, 11.3%, is the same at 3.5 years and 11.5 years. Later we will see why this is always true for exponential growth.
�′
(3.5)=$5.392 �/ ��
Compare to: