Since there are (n + 1) terms in the binomial expansion of (a - b) n , fifth and sixth terms will be present only in the expansion of (a - b) 5 . therefore Fifth term in the binomial expansion of ...

The Binomial test, sometimes referred to as the Binomial exact test, is a test used in sampling statistics to assess whether a proportion of a binary variable is equal to some hypothesized value. In ...

The binomial distribution is an important discrete distribution. It gives the probability of the number of "successes," in a sequence of n independent binary trials. This applet allows users to drag ...

krisanapong detraphiphat / Getty Images In the financial world, the Black-Scholes and the binomial option valuation models are two of the most important concepts in modern financial theory.

A binomial tree is a graphical model used to represent the potential intrinsic values of an option at various time periods, based on the probabilities of the underlying asset's price moving up or ...

CAT Quantitative Aptitude section has sometimes question on Binomial Theorem Concept.Go through the following application based problems on binomial expansion to see the kind of problems that may ...