Inverse Derivative: Error/Intuition Problem is to find $[f^{-1}(4)]'$ given $f(x)=\frac{x^3+7}{2}$.
Way One: Switch $x$ and $y$ to find inverse function. So, $x=\frac{y^3+7}{2}$. Therefore, $\sqrt[3]{2x-7}=y$ (i.e. our inverse function). So, $f^{-1}(x)=(2x-7)^{\frac{1}{3}}$. So, $\frac{d}{dx}f^{-1}(x)=\frac{2}{3}(2x-7)^{-\frac{2}{3}}\implies \frac{d}{dx}f^{-1}(4)=\frac{2}{3}.$
Way Two: Switch $x$ and $y$ to find inverse function. So, $x=\frac{y^3+7}{2}\implies 2x=y^3+7\implies 2=3y^2\frac{dy}{dx}\implies \frac{1}{\frac{3}{2}y^2}=\frac{dy}{dx}$.
Now, this to me seems like the inverse function is $\frac{d}{dx}f^{-1}|_{x=3}=\frac{dy}{dx}|_{x=3}=\frac{1}{\frac{3}{2}y^2}$ when $x=3$ we know $y=f(3)$ which isn't our answer. So, what am I doing wrong here? Can someone explain what is incorrect with this reasoning? I feel like I am missing something when doing these problems.

You already know that after switching variables
\begin{align*}
\frac{dy}{dx}=\frac{1}{\frac{3}{2}y^2}\tag{1}
\end{align*}
Since we want to know $\left(f^{-1}(4)\right)^{\prime}$ we obtain again after switching variables from $x=\frac{y^3+7}{2}$ evaluated at $x=4$:

\begin{align*}
4&=\frac{y^3+7}{2}\\
8&=y^3+7\\
y&=1
\end{align*}
putting it into (1) we get
\begin{align*}
\left.\frac{dy}{dx}\right|_{y=1}&=\left.\frac{1}{\frac{3}{2}y^2}\right|_{y=1}
\color{blue}{=\frac{2}{3}}
\end{align*}
in accordance with the first way.

Note: It might be easier to calculate way two without switching variables after all.
