In mathematics, particularly within the study of sequences, a constant factor between successive terms is a defining characteristic of a geometric progression. This factor, when multiplied by a term, yields the subsequent term in the sequence. For instance, in the sequence 2, 4, 8, 16, the value is 2, as each term is twice the preceding term. Determining this value is fundamental to understanding and working with geometric sequences. It is found by dividing any term by its preceding term.
This value is crucial in various mathematical calculations, including determining the sum of a finite or infinite geometric series and modeling exponential growth or decay. Its consistent nature allows for predictable extrapolation and interpolation within the sequence. Historically, the concept has been vital in understanding compound interest, population growth, and radioactive decay. Its application extends beyond theoretical mathematics into practical fields like finance, physics, and computer science.