What is the correct description of a binary tree?

A binary tree is a tree data structure in which each node has at most two children, referred to as the left child and the right child. The left child node contains a value less than or equal to its parent node, while the right child node contains a value greater than or equal to its parent node. The nodes in a binary tree can be traversed in different ways such as in-order, pre-order, and post-order. Binary trees are commonly used in computer science for efficient data storage, searching, and sorting algorithms.