Question

In: Economics

julie plans to take part in the office betting pool. Each participant must choose the first...

julie plans to take part in the office betting pool. Each participant must choose the first second and third place winners in a basketball tournament and write them on their ticket. If julie chooses correctly, she will win $1000. If there are 28 basketball teams to choose from in the tournament, how many different tickets are possible?

Solutions

Expert Solution

We can use concept of permutation as we can see

While selecting first place winner we have 28 teams

After selecting first place winners we have to choose from 27 remaining teams our second place winners

After selecting second place winners we remain with 26 teams for selecting third place winners

So the total possibilities can be = 28*27*26 = 19656

We can also use permutation formula which is

P(n,r) = n!/(n-r)! where in our question n=28 and r=3 (n! = n*(n-1)*(n-2).....)

=28!/(28-3)! = 28!/25! =19656

In both the ways answer will be same

So total of 19656 tickets can be possible.


Related Solutions

This must be made for a computer forensics investigation: Choose or take a picture with your...
This must be made for a computer forensics investigation: Choose or take a picture with your camera, use Autopsy to analyze metadata that could be used in court. List three metadata items you found. Explain how would each be useful as evidence in a case.
How does advertising become unethical? What steps must each part of the advertising "communication" process take...
How does advertising become unethical? What steps must each part of the advertising "communication" process take to ensure that it remains ethical?
a firm must choose between two investment alternatives, each costing $95,000. the first alternative generates $35,000...
a firm must choose between two investment alternatives, each costing $95,000. the first alternative generates $35,000 a year for 4 years. the second pays one large lump sum of $160,800 at the end of the fourth year. if the firm can raise the required funds to make the investment at an annual cost of 9% what are the present values of two investment alternatives use appendix b and appendix d to answer the question round your answers to the nearest...
Suppose that your boss must choose three employees in your office to attend a conference in...
Suppose that your boss must choose three employees in your office to attend a conference in the US Virgin Islands. Because all 20 of you want to go, he decides that the only fair way is to draw names out of a hat. What is the probability that you, Suzy, and Alex are chosen?
CARDWARE Inc. plans to take over First Class Purses & Accessories (FCPA) in an effort to...
CARDWARE Inc. plans to take over First Class Purses & Accessories (FCPA) in an effort to coordinate elegant CARDWARE professional attire with items from FCPA that will complement CARDWARE's fashion designs. Darla, owner of Darla's Dummies, a mannequin manufacturer whom CARDWARE had used on numerous occasions happened to be delivering mannequins to CARDWARE's principal place of business in Silkadonia. As she was bringing the last of the dummies down the hall to the room where the dummies are dressed, she...
As part of President Trump’s first and second year in office and during the recent discussions...
As part of President Trump’s first and second year in office and during the recent discussions of the American Health Care Act, there has been a lot of policy discussion about Obamacare. Using the rationales for government intervention, give at least one rationale for why the government should intervene in health insurance.
Two players play each other in a pool tournament of "Solids and Stripes". The first player...
Two players play each other in a pool tournament of "Solids and Stripes". The first player to win two games wins the tournament. In the game of "Solids and Stripes", it is equally likely that a player will be assigned solid balls or striped balls. Assume that 1) one-half of the balls are solids and the other half are stripes, 2) the two players have the same skill: each with a 0.5 probability of winning, 3) there are no ties,...
You have applied for a job. As part of its evaluation process, you must take an...
You have applied for a job. As part of its evaluation process, you must take an examination of the time value of money analysis covering the following questions. Please show your work including each step by using your calculator OR Excel. (Identify N, I/Y, PV, PMT, and FV) A) What’s the future value of $200 after 3 years if it earns 8%, annual compounding? B) What’s the present value of $200 to be received in 3 years if the interest...
The first part of this lab is making your stack generic. Take the code from your...
The first part of this lab is making your stack generic. Take the code from your working StringStack class and paste it into the GenericStack class. Change the name of the constructors to match the new name of the class (this has been done to this point), then modify the whole class so it uses generics, and can store any type that a programmer asks for. Until you successfully complete this, the main method will give you nasty compiler errors....
ead the following: “From 2020, ship-owners must clean up their act as part of sweeping plans...
ead the following: “From 2020, ship-owners must clean up their act as part of sweeping plans designed to reduce the industry’s greenhouse gas emissions by at least 50 per cent by 2050 compared with 2008. In January a sulphur cap will be adopted and later carbon emissions will be tackled. While industries such as road transport, power and even aviation have made environmental progress, shipping is one of the last bastions of the old fossil-fuel world order… S&P Global Platts...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT