Summation formulas are mathematical expressions used to calculate the sums of numerical sequences. When facing a series that isn't an arithmetic or geometric progression, such as the one in the exercise provided, we turn to summation formulas to find the sum of powers of natural numbers. The most common summation formulas used in such series include the sum of first \(n\) natural numbers, their squares, and their cubes, given by:
- \(\sum_{i=1}^{n} i = \frac{n(n + 1)}{2}\)
- \(\sum_{i=1}^{n} i^2 = \frac{n(n + 1)(2n + 1)}{6}\)
- \(\sum_{i=1}^{n} i^3 = \left(\frac{n(n + 1)}{2}\right)^2\)
These summation formulas are pivotal in resolving series and sequences that involve polynomials and are widely applied in engineering, statistics, and computer science for analysis and problem-solving. When approaching such tasks, identifying the pattern of the series and expressing it in terms of a general term is crucial, as shown in the exercise's step 1 and 2. Understanding the properties of the summation operation, such as linearity and decomposition, can simplify complex series into sum components that can be easily calculated using these known formulas.