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The problem of finding the number of different ways in which a Product of  different ordered Factors can
be calculated by pairs (i.e., the number of Binary Bracketings of
 different ordered Factors can
be calculated by pairs (i.e., the number of Binary Bracketings of  letters).  For example, for
the four Factors
 letters).  For example, for
the four Factors  ,
,  ,
,  , and
, and  , there are five possibilities:
, there are five possibilities:  ,
,  ,
,  ,
,
 , and
, and  .  The solution was given by Catalan in 1838 as
.  The solution was given by Catalan in 1838 as
 
 .
.
See also Binary Bracketing, Catalan's Diophantine Problem, Euler's Polygon Division Problem
References
Dörrie, H.  100 Great Problems of Elementary Mathematics: Their History and Solutions.  New York: Dover, p. 23, 1965.