Question: What is the significance of \'chaos theory\' in modern mathematics?

Options:

1. It deals with predictable systems.
2. It studies complex systems that are highly sensitive to initial conditions.
3. It simplifies mathematical models.
4. It focuses solely on linear equations.

Correct Answer: It studies complex systems that are highly sensitive to initial conditions.

Solution:

Chaos theory is significant because it explores how small changes in initial conditions can lead to vastly different outcomes in complex systems.