Three companies (A, B, and
C)are to be ranked first, second, and third in a list of
companies with the highest customer satisfaction.
a. List all the possible sets of rankings for these top three companies.
b. Assuming that all sets of rankings are equally likely, what is the probability that
Company A will be ranked first, Company B second, and Company C third?
c. Assuming that all sets of rankings are equally likely, what is the probability that
Company B will be ranked first?
Correct Answer:
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b.
c....
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