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Express all probabilities as fractions. The Digital Pet Rock Company was recently successfully funded via Kickstarter and must now appoint a president, chief executive officer (CEO), chief operating officer (COO), and chief financial officer (CFO). It must also appoint a strategic planning committee with four different members. There are 10 qualified candidates, and officers can also serve on the committee. a. How many different ways can the four officers be appointed? b. How many different ways can a committee of four be appointed? c. What is the probability of randomly selecting the committee members and getting the four youngest of the qualified candidates?

Short Answer

Expert verified
a. 5040b. 210c. \frac{1}{210}

Step by step solution

01

Understand the Problem

The task is to appoint four officers from 10 candidates and form a committee of 4 out of these 10 candidates. Additionally, calculate the probability of selecting the four youngest candidates for the committee.
02

Calculate the Ways to Appoint Four Officers

The number of ways to appoint the President, CEO, COO, and CFO is calculated using permutations since the order matters. The formula for permutations is given by \text{Permutations} = P(n, r) = \frac{n!}{(n - r)!}where n = 10 (candidates) and r = 4 (positions):\[ P(10, 4) = \frac{10!}{(10-4)!} = \frac{10!}{6!} = 10 \times 9 \times 8 \times 7 = 5040 . \] So, there are 5,040 ways to appoint the four officers.
03

Calculate the Ways to Appoint a Committee of Four

The number of ways to form a committee of 4 members from 10 candidates is calculated using combinations since the order does not matter. The formula for combinations is \text{Combinations} = C(n, r) = \frac{n!}{r!(n-r)!} , where n = 10 (candidates) and r = 4 (committee members):\[ C(10, 4) = \frac{10!}{4!(10-4)!} = \frac{10!}{4!6!} = 210 . \] So, there are 210 ways to appoint the committee.
04

Calculate the Probability of Selecting the Four Youngest Members

To find the probability of randomly selecting the four youngest candidates out of 10, note that there is only one favorable combination (selecting the four youngest) out of the 210 possible combinations:\[ P = \frac{\text{Favorable outcomes}}{\text{Total outcomes}} = \frac{1}{210} . \] So, the probability is \frac{1}{210}.

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Key Concepts

These are the key concepts you need to understand to accurately answer the question.

Permutations
In combinatorics, permutations refer to the arrangement of a set of items where the order is important. To compute permutations, we use the formula \(\text{Permutations} = P(n, r) = \frac{n!}{(n - r)!}\), where \(n\) is the total number of items, and \(r\) is the number of items to arrange. For example, in the Digital Pet Rock Company scenario, there are 10 candidates for four officer positions. Since the order of these positions (President, CEO, COO, CFO) matters, we calculate the permutations as follows: \[ P(10, 4) = \frac{10!}{(10-4)!} = \frac{10!}{6!} = 10 \times 9 \times 8 \times 7 = 5040 . \] This calculation shows there are 5,040 unique ways to appoint the four officers, which highlights the importance of considering order in permutations.
Combinations
Unlike permutations, combinations do not consider the order of items. The formula for combinations is \(\text{Combinations} = C(n, r) = \frac{n!}{r!(n-r)!}\), where \(n\) is the total number of items, and \(r\) is the number of items to select. In the example of forming a committee of four members from 10 candidates, the order does not matter. Using the combinations formula: \[ C(10, 4) = \frac{10!}{4!(10-4)!} = \frac{10!}{4!6!} = 210 . \] This calculation shows there are 210 different ways to appoint the committee of four. Combinations allow us to focus on the selection of items, regardless of the order in which they were picked.
Probability
Probability measures the likelihood of a particular event occurring and is given by the ratio of favorable outcomes to the total number of possible outcomes. In our example, to find the probability of randomly selecting the four youngest candidates for the committee, we first identify that there is only one favorable outcome: selecting these four specific candidates. There are 210 possible ways to form a committee of four from ten candidates. Thus, the probability is calculated as: \[ P = \frac{\text{Favorable outcomes}}{\text{Total outcomes}} = \frac{1}{210} . \] So, the probability of selecting the four youngest candidates is \(\frac{1}{210}\). This illustrates how probability can be determined using both permutations and combinations to understand the range of possible outcomes.

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Most popular questions from this chapter

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