Probability and Statistics
The generalized binomial theorem extends the classical binomial theorem to include powers of any real or complex number, allowing for the expansion of expressions of the form $(x + y)^n$ where $n$ can be any real or complex number. This theorem introduces binomial coefficients defined for all integers, which are derived from the formula $\frac{n!}{k!(n-k)!}$, and it can be used in various applications such as combinatorics and probability.
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