In lottery schemes generally, fifteen per cent. is reserved as profit, but this is a small part of what may be secured; yet even this amounts to a great deal. If a man were to draw a prize nominally of $100,000, fifteen thousand would be deducted at once, and he would be entitled to only $85,000. It is true that in his good fortune he would not probably regard the abatement, but that does not change the principle.
VARIATIONS.
It is obvious that if we have a number of single things arranged in any order, we may change the arrangement into a variety of forms, and in doing so, we may take all together, or we may take only part at once. For instance, we may arrange the six vowels, a e, i, o, u, y, in a great number of ways, as a e i o u y, a i e o u y, e a i o u y, &c., &c.; or we may form them into groups, as ae, io, uy, ai, eu, oy, &c.; or, we may take three, four, five, or, as above, all at a time; and it is reasonable to suppose that the number of possible changes may, in all cases, be calculated.
When all are taken together, the operation is called Permutation; but if a part only be taken, it is called either a Variation or a Combination; a e, i o, u y, are distinct combinations, and are also considered one of the variations of two of which those six letters are susceptible; e a, o i, y u, are three other variations, but they are the same combinations; for a change of order will constitute a new variation but not a new combination; hence the number of variations will always exceed the number of combinations.
The doctrine of variations and combinations forms the basis of many forms of lotteries, and of other calculations used in practical life.
COMBINATIONS AND PERMUTATIONS.
"Combinations" are the different ways in which a certain number of things can be selected out of a larger number, when taken 1 at a time, 2 at a time, or any other number each time, but without regard to the order in which the selected numbers can be arranged among themselves. The latter is the province of "Permutation," which refers to the different ways in which a number can be selected out of one that is larger, and, in addition to this, to the different ways of grouping these selected numbers.
Thus 4 things can be taken 2 at a time in 6 different ways; for instance, the letters a, b, c, d, can be taken 2 at a time thus, a and b, a and c, a and d, b and c, b and d, c and d; if we regard the order of the selected letters we shall find that these 4 letters are capable of 12 different permutations, as ab, ba, ac, ca, ad, da, bc, cb, bd, db, cd, dc.
If we selected 3 letters at a time we could make 4 different selections, and 24 different changes of grouping.
The rule to compute the number of these different ways is very simple, but sometimes involves a multitude of figures.