Here are the essential concepts you must grasp in order to answer the question correctly.
Permutations
Permutations refer to the different arrangements of a set of items where the order matters. In this context, we are interested in the arrangements of the top three finishers among 72 runners. The formula for permutations is given by n! / (n - r)!, where n is the total number of items, and r is the number of items to arrange.
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Factorial
A factorial, denoted as n!, is the product of all positive integers up to n. It is a fundamental concept in combinatorics used to calculate permutations and combinations. For example, 5! equals 5 × 4 × 3 × 2 × 1 = 120. Understanding factorials is essential for solving problems involving arrangements and selections.
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Combinatorial Counting
Combinatorial counting involves determining the number of ways to choose or arrange items from a larger set. In this problem, we need to count the specific arrangements of the top three finishers from the total of 72 runners. This concept is crucial for solving problems in probability and statistics, especially when dealing with competitions or selections.
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