(i) To find \(\frac{dy}{dx}\), differentiate \(y = x^2 + \frac{2}{x}\):
\(\frac{dy}{dx} = \frac{d}{dx}(x^2) + \frac{d}{dx}\left(\frac{2}{x}\right)\)
\(\frac{dy}{dx} = 2x - \frac{2}{x^2}\)
To find \(\frac{d^2y}{dx^2}\), differentiate \(\frac{dy}{dx} = 2x - \frac{2}{x^2}\):
\(\frac{d^2y}{dx^2} = \frac{d}{dx}(2x) + \frac{d}{dx}\left(-\frac{2}{x^2}\right)\)
\(\frac{d^2y}{dx^2} = 2 + \frac{4}{x^3}\)
(ii) To find the stationary point, set \(\frac{dy}{dx} = 0\):
\(2x - \frac{2}{x^2} = 0\)
\(2x = \frac{2}{x^2}\)
\(2x^3 = 2\)
\(x^3 = 1\)
\(x = 1\)
Substitute \(x = 1\) into \(y = x^2 + \frac{2}{x}\):
\(y = 1^2 + \frac{2}{1} = 3\)
Stationary point is \((1, 3)\).
To determine the nature, evaluate \(\frac{d^2y}{dx^2}\) at \(x = 1\):
\(\frac{d^2y}{dx^2} = 2 + \frac{4}{1^3} = 6\)
Since \(\frac{d^2y}{dx^2} > 0\), the stationary point is a minimum.