11.1 Reading a graph: slope and area
A graph of a quantity \(y\) against a quantity \(x\) carries two kinds of information beyond the individual values it shows. The first is the slope. Between two points \((x_1,y_1)\) and \((x_2,y_2)\) the average rate of change is \((y_2-y_1)/(x_2-x_1)\), and as the points draw together this becomes the slope of the tangent, \(dy/dx\). A rising curve has a positive slope, a falling curve a negative one, and a horizontal stretch means that \(y\) is momentarily not changing at all. The way the slope itself changes is visible as curvature: a curve that bends upwards (concave up) has an increasing slope, \(d^2y/dx^2>0\), and one that bends downwards has a decreasing slope.
The second is the area under the curve. If \(y\) is a rate, the area \(\int y\,dx\) is the total accumulated. Dividing that area by the width of the interval gives the average value of the function,
\[\boxed{\langle y\rangle = \frac{1}{b-a}\int_a^b y\,dx},\]
which is the height of the rectangle having the same base and the same area. For a straight segment the average is simply the mean of its two end values, so a graph made of straight pieces of equal width can be averaged by inspection.
A third quantity, the ratio \(y/x\) at a point, is easily confused with the slope. Geometrically \(y/x\) is the slope of the chord joining the origin to the point \((x,y)\). To make this ratio as large as possible, we rotate a line about the origin until it last touches the curve; at that point the line is tangent to the curve. Formally,
\[\frac{d}{dx}\left(\frac{y}{x}\right) = \frac{x\,y' - y}{x^2} = 0\quad\Longrightarrow\quad \boxed{y' = \frac{y}{x}},\]
so the ratio is extremal where the tangent passes through the origin. This is the condition for the best efficiency, such as the greatest return per unit of effort, and it is in general neither the steepest point nor the highest point of the curve.
When only two values of a quantity are known and the relation between them is taken to be linear, intermediate values follow by linear interpolation. The change in \(y\) per unit change in \(x\) is \((y_2-y_1)/(x_2-x_1)\), and a change \(\Delta x\) produces the change \(\Delta y = \Delta x\,(y_2-y_1)/(x_2-x_1)\).