Step 1: Determine the order of the differential equation. The order is the order of the highest derivative present. The highest derivative is \( \frac{d^2y}{dx^2} \), which is the second derivative. Therefore, the order is 2.
Step 2: Determine the degree of the differential equation. The degree is the highest power of the highest-order derivative, after the equation has been cleared of radicals and fractions with respect to its derivatives. The equation is already a polynomial in its derivatives. The highest-order derivative is \( \frac{d^2y}{dx^2} \), and its power is 2. Therefore, the degree is 2.