Session 2: Quantitative Methods: Basic Concepts Reading 8: Probability Concepts
LOS o: Identify the most appropriate method to solve a particular counting problem, and solve counting problems using the factorial, combination, and permutation notations.
If a firm is going to create three teams of four from twelve employees. Which approach is the most appropriate for determining how the twelve employees can be selected for the three teams?
This problem is a labeling problem where the 12 employees will be assigned one of three labels. It requires the labeling formula.
In this case there are [(12!) / (4!4!4!)] = 34,650 ways to group the employees.
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