To find the maximum and minimum possible values of y, we need to find the critical points of y, which occur when the derivative of y is equal to zero or undefined.
To find the derivative of y, we can use the quotient rule:
y = (x + 1)/(x^2 + 1)
y' = ((x^2 + 1)(1) - (x + 1)(2x))/(x^2 + 1)^2
y' = (x^2 + 1 - 2x^2 - 2x)/(x^2 + 1)^2
y' = (-x^2 - 2x + 1)/(x^2 + 1)^2
Now, we set the derivative equal to zero and solve for x:
-x^2 - 2x + 1 = 0
x^2 + 2x - 1 = 0
Using the quadratic formula, we get:
x = (-2 ± √(2^2 - 4(1)(-1)))/(2(1))
x = (-2 ± √(4 + 4))/2
x = (-2 ± √8)/2
x = (-2 ± 2√2)/2
x = -1 ± √2
So, the critical points are x = -1 + √2 and x = -1 - √2.
Next, we need to find the values of y at these critical points and at the endpoints of the real numbers:
y(-1 + √2) = ((-1 + √2) + 1)/((-1 + √2)^2 + 1) = (√2)/(3 - 2√2)
y(-1 - √2) = ((-1 - √2) + 1)/((-1 - √2)^2 + 1) = (-√2)/(3 + 2√2)
y(∞) = (∞ + 1)/(∞^2 + 1) = 0
y(-∞) = (-∞ + 1)/((-∞)^2 + 1) = 0
Now, we can compare the values of y at the critical points and endpoints:
y(-1 + √2) ≈ 0.58
y(-1 - √2) ≈ -0.58
y(∞) = y(-∞) = 0
The sum of the maximum and minimum possible values of y is approximately 0.58 + (-0.58) = 0.