Step 1: The order of a differential equation is the highest derivative with respect to the independent variable. In this case, the highest derivative is \( \frac{d^2 y}{dx^2} \), so the order is 2.
Step 2: The degree of a differential equation is the power of the highest derivative after making the equation polynomial (i.e., eliminating radicals or fractions involving derivatives).
Here, the highest derivative is \( \frac{d^2 y}{dx^2} \), and it is raised to the first power, so the degree is 2. Thus, the order and degree are 2 and 2, respectively.