Below listed are the applications of Calculus:
It is used for Portfolio Optimization i.e., how to choose the best stocks.
- Statisticians will use calculus to evaluate survey data to help develop business plans. A survey involves many different questions with a range of possible answers, calculus allows a more accurate prediction.
- Credit card companies use calculus to set the minimum payments due on credit card statements at the exact time the statement is processed.
- Inorganic Chemistry: The Rate of Reaction i.e., How fast a reaction takes place. (Integration)
- Study of Population: Analyzing how the population of predators and prey evolves over time. It is done using Differential Equation. Biologists use differential calculus to determine the exact rate of growth in a bacterial culture when different variables such as temperature.
- Mechanics: Velocity and acceleration all come from simple derivatives of the position function.
- Electrical Engineering: An electrical engineer uses integration to determine the exact length of power cable needed to connect two substations that are miles apart.
- Architect: An architect will use integration to determine the amount of materials necessary to construct a curved dome over a new sports arena.
- Space flight engineers: Space flight engineers frequently use calculus when planning lengthy missions. To launch an exploratory probe, calculus allows each of those variables to accurately take into account the orbiting velocities under the gravitational influences of the sun and the moon.
- Graphic artist: A graphics artist uses calculus to determine how different three-dimensional models will behave when subjected to rapidly changing conditions.
A wide range of careers regularly uses calculus. Whether in graduation level Universities, military, government agencies, airlines, entertainment studios, software companies, and construction companies. Even doctors and lawyers use calculus to help build the discipline necessary for solving complex problems. So in short calculus is used almost everywhere. It is very important for even the exam point of view and hence you can start practising calculus from today itself with Embibe.