A function defined on an interval is convex on if every chord of its graph lies above the graph: for all and ,
It is concave if the reverse inequality holds ( convex).
Examples
Example 22.14
has : is concave on , convex on , with an inflection point at the origin, where the curve crosses its tangent (the -axis).
Example 22.15 (Convexity inequalities)
The exponential is convex on (its second derivative is itself, positive). Its tangent at is , so
Such tangent line inequalities are a standard product of convexity.