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Consider the following statement: Statement: For every integer n 1, 2 (n + 1)! We would like to prove this statement by mathematical induction.
Consider the following statement: Statement: For every integer n 1, 2 (n + 1)! We would like to prove this statement by mathematical induction. Let P (n) = "2" < (n + 1)!" Do the following three steps: Step 1: Show the base case: Step 2: What is the induction hypothesis: Step 3: Show the induction step (first start with what do you want to show):
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An Introduction to the Mathematics of Financial Derivatives
Authors: Ali Hirsa, Salih N. Neftci
3rd edition
012384682X, 978-0123846822
