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OK, here is the solution in all the gory details.
P(k)=Σj=1k=(1/4)k2(k+1)2
Expanding the rightmost side, I get:
P(k)=Σj=13=(1/4)(k4+2k3+k2)
Now, look at P(k+1):
Σj=1k+1j3=(1/4)(k+1)2(k+2)2
I am going to manipulate both sides of this statement, one at a time:
Isolate (k+1)st Term On Left Side:
Σj=1k+1=Σjkj3+(k+1)3
Expand Right Side:
(1/4)(k4+6k3+13k2+12k+4)
So, I have:
Σj=1kj3+(k+1)3=(1/4)(k4+6k3+13k2+12k+4)
Now, remember P(k)? Assume it is true, and subtract it from P(k+1). It will be handy if you subtract the left side of P(k) from the left side of P(k+1), and do likewise with their right sides. I am going to denote both sides of P(k) with the color blue.
Then you get:
Σj=1kj3+(k+1)3-Σj=1kj3=(1/4)(k4+6k3+13k2+12k+4)-(1/4)(k4+2k3+k2)
And finally,
(k+1)3=k3+3k2+3k+1
which is an identity. Therefore, P(k)-->P(k+1).
edit: fixed superscript bracket
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