Math Problem Statement

A race has 8 runners and the first three finishers receive a prize. How many possible ways can the prize be distributed?

Solution

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Math Problem Analysis

Mathematical Concepts

Permutations
Factorials
Combinatorics

Formulas

Permutation formula: P(n, r) = n! / (n - r)!

Theorems

Permutation Theorem

Suitable Grade Level

Grades 9-12