Does Changing Indices Affect the Formula for a Geometric Series?

In summary: So, the formula for the sum will remain the same. In summary, changing the indices in a summation does not affect the resulting closed formula as long as the meaning of the variables in the formula remains the same.
  • #1
Mr Davis 97
1,462
44
I have always been a bit confused about how changing indices in a summations changes the resulting closed formula.

Take this geometric series as an example: ##\displaystyle \frac{1}{2} + \frac{1}{4} + \frac{1}{8} + \dots + \frac{1}{2^n}##. Putting it into summation notation, we have ##\displaystyle \sum_{k = 1}^{n} (\frac{1}{2})^k##. Converting a little bit, we get ##\displaystyle \sum_{k = 1}^{n} \frac{1}{2} (\frac{1}{2})^{k - 1}##, which fits nicely into the formula for a geometric series: ##\displaystyle \frac{\frac{1}{2} (1 - (\frac{1}{2})^n)}{1 - \frac{1}{2}}##.

However, what if we wanted to change the indices so that we start from zero? Then we would have ##\displaystyle \sum_{k = 0}^{n - 1} (\frac{1}{2})^{k + 1}##. How would we convert this expression to get a closed form for the series?
 
Mathematics news on Phys.org
  • #2
[itex]\sum_{k=0}^{n-1}(\frac{1}{2})^{k+1}=\frac{1}{2}\sum_{k=0}^{n-1}(\frac{1}{2})^{k}[/itex]
 
  • #3
mathman said:
[itex]\sum_{k=0}^{n-1}(\frac{1}{2})^{k+1}=\frac{1}{2}\sum_{k=0}^{n-1}(\frac{1}{2})^{k}[/itex]
Would this then be ##\displaystyle \frac{\frac{1}{2} (1 - (\frac{1}{2})^{n}) }{1 - \frac{1}{2}}##? Is always the case that changing the indices results in the same formula?
 
  • #4
mathman said:
[itex]\sum_{k=0}^{n-1}(\frac{1}{2})^{k+1}=\frac{1}{2}\sum_{k=0}^{n-1}(\frac{1}{2})^{k}[/itex]
Mr Davis 97 said:
Would this then be ##\displaystyle \frac{\frac{1}{2} (1 - (\frac{1}{2})^{n}) }{1 - \frac{1}{2}}##? Is always the case that changing the indices results in the same formula?
Changing the indices doesn't change the value that the summation converges to, assuming the sum converges.
 
  • #5
Mr Davis 97 said:
Would this then be ##\displaystyle \frac{\frac{1}{2} (1 - (\frac{1}{2})^{n}) }{1 - \frac{1}{2}}##? Is always the case that changing the indices results in the same formula?

Changing the indices won't change the formula for the sum provided you don't change the meaning of the variables in the formula for the sum. In your example , "n" keeps the same meaning when you change indices.
 

1. What are index changes for series?

Index changes for series refer to the adjustments made to an index, such as the stock market, over time. These changes can include the addition or removal of companies or stocks from the index, changes in weighting of certain components, or changes in the calculation methodology. These changes are made to ensure that the index accurately reflects the current state of the market and provides an accurate representation of the overall performance of the index.

2. Why are index changes for series important?

Index changes for series are important because they can have a significant impact on the performance of the index and the investments tied to it. These changes can affect the overall composition and weighting of the index, which can impact the returns and risk associated with investing in the index. Therefore, it is important for investors to understand these changes and how they may impact their investments.

3. How are index changes for series determined?

Index changes for series are determined by the index provider, which is typically a financial institution or organization responsible for maintaining and calculating the index. The index provider uses a variety of factors and criteria to determine which companies or stocks should be included or removed from the index, as well as how they should be weighted. These factors may include market capitalization, industry representation, and liquidity, among others.

4. How often do index changes for series occur?

The frequency of index changes for series can vary depending on the specific index and its methodology. Some indexes may make changes on a quarterly basis, while others may make changes on a less frequent basis. Additionally, index changes may occur more frequently during periods of market volatility or significant changes in the economy.

5. Can investors anticipate and prepare for index changes for series?

Yes, investors can anticipate and prepare for index changes for series by staying informed about the index and its methodology. The index provider typically announces any upcoming changes to the index, giving investors time to make any necessary adjustments to their investments. Additionally, investors can research the criteria and factors used by the index provider to better understand potential changes that may occur in the future.

Similar threads

  • General Math
Replies
4
Views
1K
Replies
4
Views
386
  • General Math
Replies
7
Views
1K
Replies
2
Views
779
Replies
12
Views
1K
Replies
3
Views
710
Replies
6
Views
921
  • General Math
Replies
4
Views
1K
  • General Math
Replies
4
Views
1K
Replies
6
Views
1K
Back
Top