Doug C. answered 12/26/15
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To find y' it's simplest to remove the parentheses first:
y4 - 4y2 = x4 - 5x2
Differentiate with respect to x.
4y3y' - 8yy' = 4x3 - 10x
y'(4y3 - 8y) = 4x3 - 10x
y' = (4x3 - 10x)/(4y3 - 8y)
This is in effect a formula for slopes of tangent lines to the graph of the original function.
To find the slope of the tangent line at (0,-2) plug x=0 and y = -2 into the "formula".
Since this results in 0/-16 = 0, the slope is 0 and therefore a horizontal line with a y value of -2, i.e. y = -2.