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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 
 letters).  For example, for
the four Factors 
, 
, 
, and 
, there are five possibilities: 
, 
, 
,
, and 
.  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.