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combination

 
Dictionary: com·bi·na·tion   (kŏm'bə-nā'shən) pronunciation

n.
  1. The act of combining or the state of being combined.
  2. The result of combining.
  3. An alliance of persons or parties for a common purpose; an association.
  4. A sequence of numbers or letters used to open a combination lock.
  5. Mathematics. One or more elements selected from a set without regard to the order of selection.
combinational com'bi·na'tion·al adj.

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Statistics Dictionary:

combination

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An unordered selection of r objects from a set of n (≥r) different objects. The number of different combinations is often denoted by nCr. In fact,




is the binomial coefficient. Special values are nC0=1, nCn=1, nC1=n.

A frequently used relationship is
n+1Cr=nCr+nCr−1,
which is the defining relationship for Pascal's triangle. For ordered selection, see permutation.



Investment Dictionary:

Combination

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When an investor holds a position in both call and put options on the same asset.

Investopedia Says:
There are various types of combination spreads, including straddles and strangles.

Related Links:
An introduction to the world of options, covering everything from primary concepts to how options work and why you might use them. Options Basics Tutorial


1. arrangement of options involving two long or two short positions with different expiration dates or strike (exercise) prices. A trader could order a combination with a long call and a long put or a short call and a short put.

2. joining of competing companies in an industry to alter the competitive balance in their favor is called a combination in restraint of trade.

3. joining two or more separate businesses into a single accounting entity; also called business combination. See also Merger.

Thesaurus:

combination

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noun

  1. The state of being associated: affiliation, alliance, association, conjunction, connection, cooperation, partnership. See near/far/distance.
  2. The result of combining: composite, compound, conjugation, unification, union, unity. See assemble/disassemble.
  3. A group of individuals united in a common cause: bloc, cartel, coalition, combine, faction, party, ring. See group.

Antonyms:

combination

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n

Definition: alliance, association
Antonyms: dissolution, disunion, separation, severance

n

Definition: mixture, blend
Antonyms: detachment, division, parting, separation


Law Encyclopedia:

Combination

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This entry contains information applicable to United States law only.

In criminal law, an agree- ment between two or more people to act jointly for an unlawful purpose; a conspiracy. In patent law, the joining together of several separate inventions to produce a new invention.

An illegal combination in restraint of trade, defined under the Sherman Anti-Trust Act, is one in which the conspirators agree expressly or impliedly to use devices such as price-fixing agreements to eliminate competition in a certain locality, e.g., when a group of furniture manufacturers refuse to deliver goods to stores that sell their goods for under a certain price.

In patent law a combination is distinguishable from an aggregation in that it is a joint operation of elements that produces a new result as opposed to a mere grouping together of old elements. This is important in determining whether or not something is patentable, since no valid patent can extend to an aggregation.

Word Tutor:

combination

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pronunciation

IN BRIEF: The process of putting things together.

pronunciation Coffee and milk is Jim's favorite combination.

Wikipedia:

Combination

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In combinatorial mathematics, a k-combination of a finite set S is a subset of k distinct elements of S. Specifying a subset does not arrange them in a particular order; by contrast, producing the k distinct elements in a specific order defines a sequence without repetition, also called k-permutation (but which is not a permutation of S in the usual sense of that term). As an example, a poker hand can be described as a 5-combination of cards from a 52-card deck: the 5 cards of the hand are all distinct, and the order of the cards in the hand does not matter.

The number of k-combinations of an n-element set is equal to the binomial coefficient \tbinom nk. For this reason the set of all k-combinations of a set X is sometimes denoted by \tbinom Xk.

Contents

Number of k-combinations

The number of k-combinations from a given set S of n elements of often denoted in elementary combinatorics texts by C(n,k), or by a variation such as C^n_k, nCk, nCk or even C_n^k (the latter form is standard in French texts). The same number however occurs in many other mathematical contexts, where it is denoted by \tbinom nk; notably it occurs as coefficient in the binomial formula, whence its name binomial coefficient. One can define \tbinom nk for all natural numbers k at once by the relation

\textstyle(1+X)^n=\sum_{k\geq0}\binom nk X^k,

from which it is clear that \tbinom n0=\tbinom nn=1 and \tbinom nk=0 for k > n. To see that these coefficients count k-combinations from S, one can fist consider a collection of n distinct variables Xs labeled by the elements s of S, and expand the product over all elements of S:

\textstyle\prod_{s\in S}(1+X_s);

it has 2n distinct terms corresponding to all the subsets of S, each subset giving the product of the corresponding variables Xs. Now setting all of the Xs equal to the unlabeled variable X, so that the product becomes (1 + X)n, the term for each k-combination from S becomes Xk, so that that the coefficient of that power in the result equals the number of such k-combinations.

Binomial coefficients can be computed explicitly in various ways. To get all of them for the expansions up to (1 + X)n, one can use (in addition to the basic cases already given) the recursion relation

\binom nk=\binom{n-1}{k-1}+\binom{n-1}k,\text{ for }0<k<n,

which follows from (1 + X)n = (1 + X)n − 1(1 + X); the leads to the construction of Pascal's triangle.

For determining an individual binomial coefficient, it is more practical to use the formula

\binom nk = \frac{n^{\underline k}}{k!} = \frac{n(n-1)(n-2)\cdots(n-k+1)}{k(k-1)(k-2)\cdots 1}.

In this formula the numerator gives the number of k-permutations of n, i.e., of sequences of k distinct elements of S, while the denominator gives the number of such k-permutations that give the same k-combination when the order is ignored.

When k exceeds n/2, the above formula contains factors common to the numerator and the denominator, and canceling them out gives the relation

 \binom nk = \binom n{n-k},\text{ for }0 \le k \le n.

This expresses a symmetry that is evident from the binomial formula, and can also be understood in terms of k-combinations by taking the complement of such a combination, which is an (nk)-combination.

Finally there is a formula which exhibits this symmetry directly, and has the merit of being easy to remember:

 \binom nk = \frac{n!}{k!(n-k)!},

where n! denotes the factorial of n. It is obtained from the previous formula by multiplying denominator and numerator by (nk)!, so it is certainly inferior as a method of computation to that formula.

The last formula can be understood directly, by considering the n! permutations of all the elements of S. Each such permutation gives a k-combination by selecting its first k elements. There are many duplicate selections: any combined permutation of the first k elements among each other, and of the final (n − k) elements among each other produces the same combination; this explains the division in the formula.

From the above formulas follow relations between adjacent numbers in Pascal's triangle in all three directions:

 \binom nk = \binom n{k-1} \frac {n-k+1}k,\text{ for }k>0 ,
 \binom nk = \binom {n-1}k \frac n{n-k},\text{ for }{k<n} ,
 \binom nk = \binom {n-1}{k-1} \frac nk,\text{ for }n,k>0 .

Together with the basic cases \tbinom n0=1=\tbinom nn, these allow successive computation of respectively all numbers of combinations from the same set (a row in Pascal's triangle), of k-combinations of sets of growing sizes, and of combinations with a complement of fixed size nk.

As a concrete example, one can compute the number of five-card hands possible from a standard fifty-two card deck as:

 {52 \choose 5} = \frac{52^{\underline5}}{5!} = \frac{52\times51\times50\times49\times48}{5\times4\times3\times2\times1} = \frac{311,875,200}{120} = 2,598,960.

An alternative, almost equivalent computation, is

 {n \choose k} = \frac { ( n - 0 ) }{ (k - 0) } \times \frac { ( n - 1 ) }{ (k - 1) } \times \frac { ( n - 2 ) }{ (k - 2) } \times \frac { ( n - 3 ) }{ (k - 3) } \times \cdots \times \frac { ( n - (k - 1) ) }{ (k - (k - 1)) },

which gives

 {52 \choose 5} = \frac { 52 }{ 5 } \times \frac { 51 }{ 4 } \times \frac { 50 }{ 3 } \times \frac { 49 }{ 2 } \times \frac { 48 }{ 1 } = 2,598,960.

Using the symmetric formula in terms of factorials gives

 {52 \choose 5} = \frac{n!}{k!(n-k)!} = \frac{52!}{5!(52-5)!} = \frac{52!}{5!47!}
{} = \frac{80,658,175,170,943,878,571,660,636,856,403,766,975,289,505,440,883,277,824,000,000,000,000}{120\times258,623,241,511,168,180,642,964,355,153,611,979,969,197,632,389,120,000,000,000}
 = 2,598,960,

which illustrates the size of such a computation, and of the numbers involved.

Number of combinations with repetition

The number of combinations with repetition can be calculated as:


{{(n + k - 1)!} \over {k!(n - 1)!}} = {{n + k - 1} \choose {k}} = {{n + k - 1} \choose {n - 1}}.

For example, if you have ten types of donuts (n) on a menu to choose from and you want three donuts (k) the number of ways to choose can be calculated as (see also multiset):

{{(10 + 3 - 1)!} \over {3!(10 - 1)!}} = 220.

There is an easy way to understand the above result. Imagine we have n + k identical boxes arranged on a line. From these boxes (except the first one), we arbitrarily choose k of them and mark the chosen boxes as empty. The rest of the boxes can be filled by the n elements in the set S. For each non-empty box, if it is followed by M successive empty boxes, we choose the corresponding element in the non-empty box M times. As a result, each arrangement of choosing empty boxes corresponds to a way of choosing k out of the n elements with repetition. The total number is therefore the number of combinations with repetition, which equals

 {n+k-1 \choose k}.

Example 2

Another explanation may be helpful. Imagine you have slots (or boxes) for 4 types of fruits (apple, orange, pear, banana), all next to one another at the grocery store. That means n=4. If you choose a type of fruit you mark that box, so you put a '1' into that slot. You want to choose 12 pieces of fruit, and you can choose one type of fruit more than once. Therefore, altogether you'll put 12 '1's into the fruit slots. That means k = 12. Now imagine that each separator of a slot is marked by a '0'. For the 4 boxes you will have 4 − 1 = 3 separators.

If you want to choose 2 apples from the first slot, 3 oranges from the second, 5 pears from the third, and 2 bananas from the fourth, that would be denoted by 11 0 111 0 11111 0 11 . The total number of ways we can choose 12 fruits from the 4 boxes (or slots) is simply the number of ways we can put 12 '1's and 3 '0's into order. Thus the total number of ways is the permutation of 12 '1's and 3 '0's. Expressed with k and n:

k = 12; n = 4;

{{((n-1) + k)!} \over {(n-1)! k!}} = {{(4-1 + 12)!} \over {(4-1)! 12!}} = {(4-1)+12 \choose 12} = {(n-1)+k \choose k}.\

See also

References

External links


Translations:

combination

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Combination

Dansk (Danish)
n. - kombination, forening, gruppe, kode, koncern, forbindelse, undertøj ud i et

idioms:

  • combination lock    kombinationslås

Nederlands (Dutch)
combinatie, (motor met) zijspan, ondergoed uit een stuk

Français (French)
n. - combinaison, conjonction, mélange, association (avec), combinaison (de nombres, chimiques), (GB, Aut) side-car

idioms:

  • combination lock    serrure à combinaison, serrure à code

Deutsch (German)
n. - Kombination, Verbindung, Beiwagenmaschine

idioms:

  • combination lock    Kombinationsschloß

Ελληνική (Greek)
n. - συνδυασμός, μοτοσικλέτα με καλάθι, (ενδυμ.) κορμάκι, (οικον.) κοινοπραξία, καρτέλ

idioms:

  • combination lock    κλειδαριά συνδυασμού

Italiano (Italian)
combinazione, sidecar

idioms:

  • combination lock    lucchetto cifrato

Português (Portuguese)
n. - combinação (f), acordo (m), cartel (m), segredo (m) de cofre

idioms:

  • combination lock    fechadura (f) de combinação

Русский (Russian)
комбинация, мотоцикл с коляской

idioms:

  • combination lock    замок с секретом

Español (Spanish)
n. - combinación, asociación, motocicleta con sidecar

idioms:

  • combination lock    cerradura de combinación

Svenska (Swedish)
n. - kombination, sammanslutning, förbindelse

中文(简体)(Chinese (Simplified))
结合, 团体, 联合, 联盟

idioms:

  • combination lock    号码锁

中文(繁體)(Chinese (Traditional))
n. - 結合, 團體, 聯合, 聯盟

idioms:

  • combination lock    號碼鎖

한국어 (Korean)
n. - 결합, 아래위가 붙은 속옷, 단체행동

日本語 (Japanese)
n. - 結合, 組み合わせ, 連合, 組み合わせ文字, 化合, コンビネーション

idioms:

  • combination lock    文字合わせ錠

العربيه (Arabic)
‏(الاسم) جمع, مزج, ضم, مزيج, خليط‏

עברית (Hebrew)
n. - ‮אופנוע עם סירה, איחוד, צירוף, קומבינציה, אופנוע עם סירה (בריטניה), מבחר, פעולה מאוחדת, סדרת מהלכים בשחמט‬


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