Solve by the method of your choice.Twenty-two people purchase raffle tickets. Three winning tickets are selected at random. If first prize is $1000, second prize is $500, and third prize is $100, in how many different ways can the prizes be awarded?There are □ different ways in which the prizes can be awarded.(Simplify your answer.)
Q. Solve by the method of your choice.Twenty-two people purchase raffle tickets. Three winning tickets are selected at random. If first prize is $1000, second prize is $500, and third prize is $100, in how many different ways can the prizes be awarded?There are □ different ways in which the prizes can be awarded.(Simplify your answer.)
Permutation Formula: We are looking to find the number of different ways to award three distinct prizes to 22 people. This is a permutation problem because the order in which the prizes are awarded matters (first, second, and third are distinct).To calculate this, we use the permutation formula P(n,k)=(n−k)!n!, where n is the total number of people, and k is the number of prizes.Here, n=22 and k=3.
Calculate Factorial: First, we calculate the factorial of n, which is 22! (22 factorial). However, we do not need to calculate the entire factorial for 22 because it will be partially canceled out by the (22−3)! in the denominator.
Calculate (n−k)!: Next, we calculate (n−k)!, which is (22−3)! or 19!. Again, we do not need to calculate the entire factorial for 19 because it will cancel out with part of the 22! in the numerator.
Calculate Permutation: Now, we calculate the permutation P(22,3)=(22−3)!22!. This simplifies to P(22,3)=19×18×17×…×122×21×20, where all the terms from 19 to 1 cancel out.
Perform Multiplication: After canceling out the common terms, we are left with P(22,3)=22×21×20. Now we perform the multiplication: 22×21×20=462×20=9240.
Final Result: Therefore, there are 9240 different ways in which the prizes can be awarded.