Question:Five construction companies each offer bids on three distinct
Department of Transportation (DOT) contracts. A particular...
Question
Five construction companies each offer bids on three distinct
Department of Transportation (DOT) contracts. A particular...
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.
How many different ways can the bids be awarded?
Under the assumption that the simple events are equally likely,
find the probabilitly that company 2 is awarded a DOT
contract.
Suppose that companies 4 and 5 have submitted non-competitive
bids. If the contracts are awarded at random by the DOT, find the
probability that both these companies receive contracts.