If I have to explain in simple terms the intuition of what is meant by generating function .
e.g.: in my notes I have fibonacci sequence := $0,1,1,2,3,5,8$ .
it's recurrence relation is given by : $a_{\text{n+1}}=a_n+a_{\text{n-1}}$.So,generating function of $\{a_n\}_0^\infty$ is :
$f(x)=a_0+a_1x+a_2x^2\ldots$
what actually the statement means by this...