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Answer :
The situation represents a permutation because order is important.
There are 1320 ways to award the prizes.
What is Permutation?
Permutation is defined as the calculation of a set such that it defines the number of ways that something can be arranged.
Given that,
In a spelling bee, scholarships are awarded to the top three spellers.
The first-place speller receives $5,000.
The second-place speller receives $3,000.
Third place receives $2,000.
Total number of students participated = 12
Total number of ways that 12 students can be arranged in three places = 12P₃ = 12! / (12 - 3)! = 12! / 9! = 1320
Hence the situation is permutation. and the number of ways is 1320.
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