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Trading desk committee

CombinatoricsEasy

A trading desk has traders. How many different committees of members can be formed if the order of members does not matter?

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A whole number, a decimal, a fraction like 3/8 or a percent.

Hint

Order does not matter, so count combinations.

Solution
  1. Since order does not matter, the count is the binomial coefficient .
  2. The numerator is .
  3. The denominator is .
  4. Therefore the number of committees is .

Answer: