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The author starts with an example, which illustrates that one can effortlessly solve the equation \[ \cos(x)=x \] by simply hitting your calculator's "cos" button over and over, starting from a reasonable first guess.
And starting from every point in the vicinity of the solution leads us steadily to the solution (or arbitrarily close, rather -- there's an error!). Here, let's try it (make sure that your calculator is in radian mode....).
Then he mentions that the same idea fails miserably if we try to arrive at the root \(x=1\) of \[ x^2=x \] Starting from every point in the vicinity of the solution leads us steadily away from the solution!
What distinguishes the two cases? Slopes....
"That is, points move toward one another under application of the function." -- when the slope is less than 1 over an interval.
Does it meet the slope requirements? Where will we have trouble?
The example discussed illustrates a breakdown in convergence leading to cyclical behavior, and finally chaos....