For a parametric curve, the second derivative measures how the slope changes with respect to x, not with respect to t. Since is itself usually a function of t, you compute the second derivative using = provided . This formula is just the same parametric derivative rule applied again to the first derivative.
You use the second derivative to study concavity for parametric curves. If , the curve is concave up at that point; if , it is concave down. The main thing to remember is that you do not simply differentiate once and stop. You must still divide by because the variable of change is x, not t.