Lambda CDM model
Lambda CDM model is a parametrization of big bang cosmological model that is associated with dark matter and dark energy. This model is termed now as the standard model of big bang cosmology because it provides a valuable properties of cosmos.
These properties are,
Existence of cosmic microwave background
Large scale structure in the distribution of galaxies
Cosmos is abundance of hydrogen, hellium and Lithium
Accelerating expansion of universe
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