Question: In the followingexercise, does the problem involve permutations orcombinations? Explain your answer. It is not necessary to solve the problem. One hundred people purchase lottery

In the followingexercise, does the problem involve permutations orcombinations? Explain your answer. It is not necessary to solve the problem.

One hundred people purchase lottery tickets. Three winning tickets will be selected at random. If first prize is$100, second prize is$50, and third prize is$25, in how many different ways can the prizes beawarded?

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