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Use linear approximation, i.e. the tangent line, to approximate 1/.501 as follows: Let f(x)=1/x and find the equation of the tangent line to f(x) at a "nice" point near 0.501 . Then use this to approximate 1/.501 .
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does 1x really mean 1/x?
Well you first need to find f'(x)
\[y-f(a)=f'(a)(x-a) \\ y=f'(a)(x-a)+f(a) \\ f(x) \approx f'(a)(x-a)+f(a) \text{ for values of x near a }\]
How about choosing a to be .5 also called a 1/2) That is a value near .501
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