The equation $$\frac{dq}{dt} = -k(t - t_{ambient})$$ represents Newton's Law of Cooling, which describes the rate of heat transfer between an object and its surroundings. In this equation, $$dq/dt$$ signifies the rate of heat loss from the object, while $$k$$ is a positive constant that depends on the characteristics of the object and its environment. The term $$(t - t_{ambient})$$ indicates the temperature difference between the object and its ambient surroundings, showing that heat transfer occurs more rapidly when this difference is larger.