Please rate my answer and comment for doubt
Firms F1, F2, F3, F4, F5 offer bids on three separate contracts C1, C2, C3. Any...
Five construction companies each offer bids on three DISTINCT Department of Transportation (DOT) contracts. A particular company will be awarded at most one DOT contract. a) How many different ways can the bid be awarded? b) Under the assumption that the simple events are equally likely, find the probability that company 2 is awarded a DOT contract. c) Suppose that companies 4 and 5 have submitted non-competitive bids. If the contracts are awarded at random by the DOT, find the...