Step 1 :Given the function \(f(x)=\ln (x)\), we are asked to verify if the second derivative of the function is \(-\frac{1}{x^{2}}\).
Step 2 :First, we find the first derivative of \(f(x)\), which is \(f'(x) = \frac{1}{x}\).
Step 3 :Next, we find the second derivative of \(f(x)\), which is \(f''(x) = -\frac{1}{x^{2}}\).
Step 4 :Comparing this with the given second derivative, we see that they are the same.
Step 5 :Final Answer: The second derivative of \(f(x)=\ln (x)\) is indeed \(-\frac{1}{x^{2}}\). Therefore, the statement is \(\boxed{\text{True}}\).