Binomial coefficients are numerical values that represent the number of ways to choose a subset of items from a larger set without regard to the order of selection. They are often denoted as $$C(n, k)$$ or $$\binom{n}{k}$$, where $$n$$ is the total number of items and $$k$$ is the number of items to choose. These coefficients play a crucial role in combinatorics and probability, particularly in understanding outcomes in binomial experiments and expanding binomial expressions using the Binomial Theorem.