Solve the Problem. -Determine the Number of Ways That 5 Students Can Be

question 105

Multiple Choice

Solve the problem.
-Determine the number of ways that 5 students can be selected from the class of 24 to play 5 different roles in a short play.

• A) 3,200,000
• B) 15,504
• C) 1,860,480
• D) 120

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Definitions:

Vickrey Auction

An auction in which bids are submitted secretly, with the item being awarded to the top bidder who then pays the amount bid by the second-highest bidder.

Willingness To Pay

The maximum amount an individual is prepared to spend to procure a good or service, reflecting the value they place on it.

Expected Revenue

The total amount of money anticipated to be received for goods or services sold, calculated over a specific period.

Probability

A measure of the likelihood that a particular event will occur.