
AKSHAY M. answered 05/05/20
Masters in Quantitative Finance
If ordering of selection isn't important (both selected simultaneously) - >
Total number of two letter selections = 26C2
Number of ways we can select J and P = 1
Probability of selecting J and P = 1/(26C2)
If ordering is important - >
Number of ways we can select J and P = 1 * 2 (J,P and P,J)
Probability of selecting J and P = 2/(26C2)