Probability
The profits of traders A, B and C are independent and each uniformly distributed on EUR. What is the probability that A's profit is larger than B's profit and B's profit is larger than C's profit? Give an exact fraction.
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The profits of traders A, B and C are independent and each uniformly distributed on EUR. What is the probability that A's profit is larger than B's profit and B's profit is larger than C's profit? Give an exact fraction.