Reading a graph of the gradient
Sometimes the graph you are given is y = f'(x), and the question is about f. Each height on that graph is a gradient: the height of f' at x is how steeply f is rising or falling at x.
So the graph of f' never tells you how high f is, only which way it is going and how fast. Read it for three things: where it is zero, where it is above or below the x-axis, and where it turns.
Zeros and sign
Take . It is zero at x = −1 and x = 2, so f has a horizontal tangent at both: they are its stationary points.
Between the zeros, at x = 0, f'(0) = −2 is negative, so f is decreasing on −1 < x < 2. Outside them, at x = −2 or x = 3, f' = 4, positive, so f is increasing for x < −1 and for x > 2.
Maximum or minimum
At x = −1, f' changes from positive to negative: f rises up to x = −1 and falls after it, so x = −1 is a maximum of f.
At x = 2, f' changes from negative to positive: f falls down to x = 2 and rises after it, so x = 2 is a minimum. This is the first derivative test, read straight off a picture.
The turning point of f'
f' is lowest at , halfway between its roots. To the left of , f' is falling, so f'' < 0 and f is concave down; to the right f' is rising, so f'' > 0 and f is concave up.
So f changes concavity at : a point of inflection. A turning point of f' is an inflection of f, in the same way that a zero of f' is a stationary point of f.
Drawing f
Here f can be found exactly: integrating gives , taking the constant as 0. Then , , and .
A different constant would slide the whole graph up or down. The graph of f' fixes its shape, not its height.
The gold curve is , with its maximum at x = −1, its minimum at x = 2 and its inflection at . The faint curve is , which crosses the axis at −1 and 2 and is lowest at .
When f' only touches the axis
Now take . It is zero at x = 1, so f is flat there, but it touches the axis without crossing it: f' is positive on both sides.
So f rises, flattens for an instant at x = 1, and rises again. That stationary point is neither a maximum nor a minimum; since x = 1 is also the lowest point of f', it is a stationary point of inflection. Here , plus any constant.
The usual slips
Reading the sign of f' as the sign of f: below the axis on a graph of f' means f is decreasing, not that f is negative.
Reading "f' is falling" as "f is decreasing": a falling f' only means f is bending downward. f decreases where f' is negative, wherever f' is heading.
Calling every zero of f' an inflection: a zero of f' is a stationary point of f. The inflections of f sit at the turning points of f'.