What is binomial theorem and where is it used?
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The theorem and its generalizations can be used to prove results and solve problems in combinatorics, algebra, calculus, and many other areas of mathematics. The binomial theorem also helps explore probability in an organized way: A friend says that she will flip a coin 5 times.
The binomial formula in statistics is mostly used for counting and for calculating probabilities in experiments. A very similar technique, called binomial series expansion, is used in calculus for rewriting complicated functions into a simpler (binomial) form.
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