Ordinary Differential Equation or ODE
What is an Ordinary Differential Equation (ODE)?
Expert
It is an equation that involves an unknown function and its derivatives.
e.g.:
You should have learned how to classify ODEs by their order, degree, linearity, homogeneity, etc. (students are strongly advised to review their ?rst and 2nd year ODE courses).
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Who derived the Black–Scholes Equation?
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