Differentiate
Set up the quotient rule. With and ,
The order in the numerator matters: it is derivative of top times bottom minus top times derivative of bottom, never the reverse. Note also that everywhere, so is defined and differentiable on all of .
Substitute into the formula.
Simplify the numerator.
so
The terms partially cancel — which is what turns a messy expression into a clean one.
Read the turning points straight off the answer. The denominator is always positive, so the sign of is the sign of . That is positive on and negative outside, giving a local minimum at (where ) and a local maximum at (where ).
Note the end behaviour. As the denominator grows like while the numerator grows like , so : the -axis is a horizontal asymptote in both directions, and are the global extreme values.
Verify numerically. Comparing the closed form against symmetric difference quotients of step : at both give ; at both give ; at both give ✓.
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