So I have a problem where I'm to find the absolute maximum and minimum values of the following function...
$S(t) = -0.00003237t^5 + 0.0009037t^4 - 0.008956t^3 + 0.03629t^2 -0.04458t + 0.4074$
...within the interval (1993,2003)
Differentiating this and setting S'(t) = 0 gives...
$S'(t) = -5(0.00003237)t^4 + 4(0.0009037)t^3 - 3(0.008956)t^2 + 2(0.03629)t - 0.04458 = 0$
Now I'm at a dead end. I have no idea how to factorise this and find the values of t where S'(t) = 0.
Any ideas?
This is a polynomial of degree 4. Theoretically you could solve this analitically with a super complicated procedure (see https://en.wikipedia.org/wiki/Quartic_function). By calculating the value for $S'(t)$ at the positions $t = 1,3,6,9,10$ you will see that the signs change each time and therfore the zeros must be in between. As the coefficient of $t^4$ is negative, the curve will go to $-\inf$ for $x \to \pm \inf$ So the absolute minimum and maximum within the interval $(1993,2003)$ do not exist (because it does not contain 1993 and 2003) but the suppremum / infimum are at the given positions, all because the function is monotonically decreasing within this interval.
For iteratively approximating the zeros of $S'(t)$ you could use for example Newton's Method (https://en.wikipedia.org/wiki/Newton%27s_method)