How many ways to write a commutative non-associative product of $n$ terms?

There are $n!C_{n-1}=\frac{n!}n\binom{2n-2}{n-1}=\frac{(2n-2)!}{(n-1)!}$ products if the operation is neither associative nor commutative. There are $n-1$ individual products, and each can be ordered in $2$ ways, so if the operation is commutative, this figure overcounts by a factor of $2^{n-1}$. And

$$\frac{(2n-2)!}{2^{n-1}(n-1)!}=\frac{2^{n-1}(n-1)!(2n-3)!!}{2^{n-1}(n-1)!}=(2n-3)!!\;,$$

so $N_n=(2n-3)!!$.


Here is another answer, just in case you'd like to see a direct derivation of the formula $N_n=(2n-3)!!$ without going through Catalan numbers. The presentation will be very informal, because writing it up more formally would be painful. Namely, I want to try and explain why $$N_n=(2n-3)N_{n-1}\text{ for }n\ge2$$ or, equivalently, why $$N_{n+1}=(2n-1)N_n\text{ for }n\ge1.$$ The reason is that forming the product of $n$ quantities by binary multiplication involves a total of $2n-1$ quantities: the $n$ given quantities and the result of each of the $n-1$ multiplications. Therefore there are $2n-1$ different places where a new quantity can be multiplied in. (If multiplication were noncommutative we would have to double that because the new factor could be multiplied on either side.)

Fo example, say $n=4$ and we have the product $(ab)(cd)$. The $7$ places where a new factor $e$ could be multiplied in are $$a,\ b,\ c,\ d,\ ab,\ cd,\ (ab)(cd)$$ leading to $$((ae)b)(cd),\ (a(be))(cd),\ (ab)((ce)d),\ (ab)(c(de)),\ ((ab)e)(cd),\ (ab)((cd)e),\ ((ab)(cd))e.$$ In this way we see that $N_5=7N_4=105$.

The same reasoning leads to the recurrence $$a_{n+1}=(4n-2)a_n$$ for the number of ways to form a non-commutative non-associative product of $n$ factors, and this is another way to derive the Catalan numbers.