Permutation: The number of ways to arrange r objects from n distinct objects is given by the formula P(n, r) = n! / (n - r)!. It is used when the order of selection matters.

Combination: The number of ways to select r objects from n distinct objects is given by the formula C(n, r) = n! / (r! (n - r)!). It is used when the order of selection does not matter.

Permutations (P(n, r)): -- Combinations (C(n, r)): --

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