1.

Three companies are bidding on a contract. Company A is twice as likely to win as Company B, and Company B is three times as likely to win as Company C. What is the probability of each company winning the contract?

Answer»

Three companies are bidding on a contract. Company A is twice as likely to win as Company B, and Company B is three times as likely to win as Company C. What is the probability of each company winning the contract?



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