Answer: Permutation is involved , since order of prizes matters.
The number of different ways the prizes can be awarded =95060
Explanation:
Given : Total number of people purchase lottery tickets =100
The number of prizes = 3
Since each prize can be claimed by only one person.
So order matters here, there for we use permutations .
The number of permutations of n objects taken m at a time is given by :-
![^nP_m=(n!)/((n-m)!)](https://img.qammunity.org/2020/formulas/mathematics/college/vug7uvweebrzmjme9hoozpa1y5lsn5c747.png)
Then, the number of different ways the prizes can be awarded :-
![^(100)P_(3)=(100!)/((100-3)!)=(100!)/(97!)\\\\=100*98*97=950600](https://img.qammunity.org/2020/formulas/mathematics/college/vc3fpch9wdeivmj13pn1zmwcuweqk71drl.png)