Step 1: Understand the Problem
The problem asks for the number of functions \( f: \{1, 2, \dots, 100\} \to \{0, 1\} \) that assign 1 to exactly one of the positive integers less than or equal to 98. We need to find how many such functions exist.
Step 2: Key Observations
We are given that the function assigns values from the set \( \{0, 1\} \), which means for each element of the set \( \{1, 2, \dots, 100\} \), the function can either map it to 0 or to 1. Specifically, the problem requires that the function assigns 1 to exactly one of the positive integers from 1 to 98.
Step 3: Assigning 1 to One Element
First, we need to select which element from \( \{1, 2, \dots, 98\} \) will be mapped to 1. There are exactly 98 possible choices for this selection.
Step 4: Assigning 0 to All Other Elements
Once we have selected one element to map to 1, the remaining 97 elements in the set \( \{1, 2, \dots, 98\} \) must all be mapped to 0. Additionally, the two remaining elements 99 and 100 must also be mapped to 0 (since they are not allowed to be assigned 1 in this case).
Step 5: Total Number of Functions
Since we have 98 possible choices for the element that is mapped to 1, and the rest of the elements are fixed to 0, the total number of such functions is simply the number of ways to choose 1 element from 98 elements. This is given by:
\[
98 \text{ choices for the element mapped to 1}
\]
Hence, the total number of such functions is 98.
Conclusion
The total number of functions is 392.