noun a mathematical expression consisting of two terms
adjective relating to or consisting of two terms
In mathematics, a binomial is an algebraic expression consisting of two terms, typically in the form of a + b or (a + b)^n where n is a non-negative integer.
In statistics, a binomial distribution is a probability distribution that describes the number of successes in a fixed number of independent Bernoulli trials.
In economics, binomial options pricing models are used to calculate the price of financial options with two possible outcomes.
In computer science, binomial trees are a type of data structure used for efficient searching and sorting.
In chemistry, a binomial nomenclature is also used to name chemical compounds, particularly inorganic compounds.
In biology, a binomial nomenclature is the system of naming species with a two-part Latin name, consisting of the genus and species names.
In statistics, a binomial distribution is often used to model the number of successes in a fixed number of independent Bernoulli trials.
Psychologists may use binomial tests to analyze data and determine if there is a significant difference between observed and expected frequencies.
Economists may use binomial models to analyze the outcomes of binary events, such as the success or failure of a policy intervention.
Biologists may use binomial experiments to analyze the probability of certain genetic traits being passed on to offspring.