Hi can someone please help me solve this? For some reason I'm getting an inflexion point, but it should be getting a minimum. Thanks. 
It is true that if we have a point of inflexion, the second derivative is equal to 0.
However, it is
not always true that if the second derivative equals to 0, we have a point of inflexion.
For this reason, once we find \( \frac{d^2y}{dx^2} = 0 \) (which is true at your stationary point \(x=0\)), we must
always test both sides of the equation to see if there is a
concavity change. That forms the distinction between a horizontal point of inflexion and a turning point.
Here, testing a bit to the left, say \(x=-1\) we have \( \frac{d^2y}{dx^2} = 1 > 0\). Testing a bit to the right, say \(x = 1\) we have \( \frac{d^2y}{dx^2} = 1 > 0 \). Hence there is no concavity change, and thus we do not have a point of inflexion.
In fact, because the concavity remains concave up, we deduce it is a local minimum.