Start by finding the distance between (0, 2) and (x, 8x2) on the curve y = 8x2 using the distance formula.
s2 = (x - 0)2 + (8x2 - 2)2
Simplify
s2 = 64x4 - 31x2 + 4
Differentiate with respect to x
2s ds/dx = 256x3 - 62x
ds/dx = (128x3 - 31x)/s
For extreme points, we can set ds/dx = 0 and get
(128x3 - 31x)/s = 0
128x(x2 - 31/128) = 0
x = 0, ±(√62)/16
Plug these x in the formula for the distance:
x = 0:
s2 = 64(0)4 - 31(0)2 + 4 = 4
x = ±(√62)/16:
s2 = 64(±(√62)/16)4 - 31(±(√62)/16)2 + 4 = 0.246
The distance for x = 0 is greater than that for x = ±(√62)/16. Therefore x = 0 has a point of maximum distance from (0, 2) and x = ±(√62)/16 have points of minimum distance from (0, 2).
Now for x = 0, we have y = 8(0)2 = 0 and for x = ±(√62)/16, we have y = 8(±(√62)/16)2 = 31/16
The points ((√62)/16, 31/16) and (-(√62)/16, 31/16) on the curve y = 8x2 are closest to point (0, 2).