Differential Equation ⇒ [CONFIRMED]

The Logistic Growth Model uses DEs to predict how a population grows until it hits the carrying capacity of its environment.

The Black-Scholes Model uses a PDE to determine the fair price of stock options over time. differential equation

) is actually a second-order differential equation because acceleration is the second derivative of position. The Logistic Growth Model uses DEs to predict

(common in physics, where the second derivative represents acceleration). 3. Linear vs. Non-linear differential equation