I have been having some problems reconciling the definition of "combinations" with the binomial coefficient. The definition goes something like: combinations compute the number of ways in which k objects can be chosen from of n objects, where the order in which the objects are arranged doesn't matter. But isn't it true that for every binomial experiment the order does matter?
For instance, if I'm flipping a coin three times and I want to find out the probability that it lands on head exactly once, I first calculate the binomial coefficient, which is given by (3 choose 1), i.e., the combinations formula, which gives me 3 possibilities in which head is chosen once (HTT), (THT) and (TTH).
Now what I don't understand is why these 3 possibilities aren't considered as a single combination? After all, they are all the same objects but just arranged in a different order, right? But combinations apparently disregard order, so now I'm confused.
I realise that using this logic every binomial coefficient in every binomial experiment would be 1, which is obviously bollocks. I just want to know where I'm lacking understanding in terms of how the combinations definition actually makes sense in the context of the binomial coefficient
The crux of your question seems to be the idea that order matters to a "binomial experiment".
In cases where the order of outcomes matters, permutations are probably what you are interested in - the order of heads and tails is fully captured in the $2^3$ permutations of coin flip outcomes.
But if you are only asking the likelihood of 1 head after 3 flips, combinations is what you want. By definition, a combination ignores ordering in the permutations.
Think of $(x+y)^3$. By memorization you know this is $x^3 + 3x^2y + 3 xy^2 + y^3$. The second term $3x^2y$ is just like your coin situation - the "y" is the heads "H". Also it is $3 \choose 1$. But multiply this out by hand and don't group like terms. You will end up with $yxx$, $xyx$, and $xxy$ terms at various places in your expansion depending on how you do your expansion. Here, we clearly don't care which comes where and we group into the summarization $3x^2y$ without even thinking about it. That's what a combination does.