The conjecture is
.
Let
be the statement that
.
Verify that
is true for
.

Substitute
in
.

is true for
.
Assume that
is true for
.
Substitute
in
.
.
is true for positive integer
.
Show that
must be true.

Add
to each side.







.
The final statement is exactly
, so
is true.
Because
is true for
and
implies
,
is true for
and so on.
That is, by the principle of mathematical induction,
\
is true for all positive integers
.
By the principle of mathematical induction,
is true for all positive integers
.