I'm trying to estimate the value of $\sqrt{5}$ using the Taylor Polynomial with the accuracy of $\frac{1}{10^3}$.
What I did was to calculate the third derivative of $\sqrt{x}$, which is $\frac{3}{8x^2\sqrt{x}}$. I calculate the third derivative, because I want accuracy on 3 digits.
Next I calculate the degree $n$ in Taylor polynomial for which I need to calculate to get the required accuracy: $|\frac{8x^2*\sqrt{x}}{3!}|\Leftrightarrow \frac{1}{16x^2*\sqrt{x}}\leq\frac{1}{10^3} \Rightarrow n \geq 6 $.
So I have to calculate Taylor polynomial for $\sqrt{x+1}$ of degree $6$ and plug $4$ for $x$.
Am I doing it correctly?
Thanks!
It is better to center at values such as $x_0=4.84=2.2^2$, so that the error decays fast like the powers of $h=x-x_0=0.16$. Note that the series will be an alternating series, meaning that the error can be estimated by the first omitted term.