# How is binomial theorem used in real life?

## How is binomial theorem used in real life?

The binomial theorem is mostly used in probability theory and the US economy is mostly dependent on probabilities theory. It is used in economics to find out the chances of profit or exact loss. For weather forecasting the binomial theorem is used. We use the binomial theorem for getting the future weather report.

## What is the purpose of Binomials?

The binomial distribution model allows us to compute the probability of observing a specified number of “successes” when the process is repeated a specific number of times (e.g., in a set of patients) and the outcome for a given patient is either a success or a failure.

## Why do we need binomial theorem?

The Binomial theorem tells us how to expand expressions of the form (a+b)ⁿ, for example, (x+y)⁷. The larger the power is, the harder it is to expand expressions like this directly. But with the Binomial theorem, the process is relatively fast! Created by Sal Khan.

## What does binomial theorem states?

The Binomial Theorem states the algebraic expansion of exponents of a binomial, which means it is possible to expand a polynomial (a + b) n into the multiple terms.

## What does R mean in binomial expansion?

The top number of the binomial coefficient is n, which is the exponent on your binomial. The bottom number of the binomial coefficient is r – 1, where r is the term number. b is the second term of the binomial and its exponent is r – 1, where r is the term number. Example 8: Find the fourth term of the expansion. .