Ordinary Differential Equations (ODEs) are equations involving functions and their derivatives. Unlike partial differential equations, which involve multiple independent variables, ODEs typically involve just one. In the simplest form, ODEs like the one in our exercise represent mathematical relationships between varying quantities that can be expressed using derivatives.
ODEs are crucial in understanding natural phenomena and appear in fields such as physics, biology, and finance. They allow us to describe the behavior of dynamic systems. For example:
- The growth rate of a population in biology.
- The motion of objects in physics.
- The rate of change in financial markets.
In our exercise, we work with the equation \(y'' + \lambda y = 0\). Here, \(y''\) is the second derivative of \(y\) with respect to \(x\), indicating how the rate of change itself is changing. Solving such ODEs helps us predict and understand complex behaviors.