Electric field in the region is given by \( \vec{E} = \left(\dfrac{M}{x^3}\right)\hat{i}\). The correct expression for the potential in the region is [assume potential at infinity is zero]:
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Electric potential is obtained by integrating electric field with a negative sign.
Step 1: Relation between electric field and potential:
\[
E = -\frac{dV}{dx}
\]
Step 2:
\[
-\frac{dV}{dx} = \frac{M}{x^3}
\Rightarrow dV = -M x^{-3} dx
\]
Step 3:
\[
V = \frac{M}{2x^2}
\]
(using \(V(\infty)=0\))