A numerical tool offers an approximate solution to differential equations by refining the basic Euler’s method. This refinement involves calculating a preliminary estimate of the solution and then using that estimate to compute a more accurate approximation. For instance, when solving an initial value problem, the tool first estimates the value at the next step using the standard Euler’s method. It then uses this estimated value, along with the initial value, to calculate a weighted average slope, leading to a more precise solution at the next step.
Its significance lies in providing enhanced accuracy compared to the standard Euler’s method, particularly when dealing with equations where the solution changes rapidly. Historically, it represents an improvement over simpler numerical methods, offering a balance between computational complexity and solution accuracy. This tool finds applications in diverse fields such as physics, engineering, and economics, where differential equations are employed to model various phenomena.