The Binomial Theorem
The binomial theorem provides a formula for expanding binomial expressions raised to a power. For example, the expansion of (a + b)^n involves terms of the form C(n, k) * a^(n-k) * b^k, where C(n, k) is the binomial coefficient. This formula is pivotal in probability, statistics, and combinatorics, where binomial distributions model events with two possible outcomes.