Consider the expansion of $latex \left ( \frac{1}{3}x – 2 \right ) ^{7}$. Find the coefficient of $latex x^{3}$.

$latex a = \frac{1}{3}x, b=-2$ and n=7.

Therefore $latex \binom{7}{r} \left ( \frac{1}{3}x \right ) ^{7-r} \left ( -2 \right ) ^{r}$.

To find the coefficient of $latex x^{3}$, we require that r = 4.

So $latex \binom{7}{4} \left ( \frac{1}{3}x \right ) ^{7-4} \left ( -2 \right ) ^{4} = 20.74x^{3}$ The coefficient of $latex x^{3}$ is approximately 20.74.