1. The document defines functions and their domains and ranges. It discusses increasing and decreasing functions, where an increasing function's values continuously rise with x and a decreasing function's values continuously fall with x.
2. It provides an example of a function f(x) = x^2 - 5.5x + 6 that decreases from x = 1 to 2.7 and then increases from 2.7 to 4.5.
3. To determine if a function is increasing or decreasing over a domain, one calculates the first order differences between adjacent y-values and checks if the differences are positive or negative.