A geometric series is a series of terms that have a constant ratio between successive terms. It is formed from a geometric sequence, which is a sequence of numbers where each term after the first is found by multiplying the previous one by a fixed, non-zero number called the common ratio.
The series given is a geometric series where the first term \( a \) is \( \frac{1}{2} \) and the common ratio \( r \) is \( \frac{1}{2} \).
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