The chain rule givesThe exponential function never vanishes, so all critical points areIn particular .
Use the Taylor series with . Since begins at cubic order and begins at sixth order, through cubic terms the Taylor series isThe linear and quadratic coefficients are zero. The stronger remainder , in big O notation, follows because the fourth-order term is also zero; the next term is .
Near zero, has the sign of , so just to the left and just to the right. Thus the critical point is neither a local minimum nor a local maximum. Moreover the Taylor series gives , which changes sign at zero. ThereforeThis is the point called a “saddle point” in the question; stationary inflection point specifies the one-variable meaning.
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