math

50 people purchase raffle tickets 3 winning tickets are selected at random if the first prize is $1,000, second prize is $500, and third prize is $100 in how many different ways can the prizes be awarded and is this a permutations or a combinations problem?

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  1. clearly a permutations problem, since the order of award matters.

    So, there are 50P3 ways to arrange the selections.

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