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First determine the base against which the successful combinations will be measured.

Here we will use permutations so the base is how many ways can five candidates be assigned to five interviewers:

5! = 120

Exactly three interviewing more than one candidate means exactly two interview the same candidate twice.

Number of ways those two candidates can be selected:

5!/2!3! = 10

Now, since we're using permutations, those two can be arranged in only one way.

The remaining three have to be assigned to new interviewers for the next round with no duplication. Since the numbers are relatively small we will assign interviewee and interviewer as follows A1, B2, c3, D4, and E5.

If we assign A1 and B2 as those repeating the interviewer then we can see that C can be assigned to D or E and that in each case D and E in turn can only be assigned one way. So two ways to assign the remaining three the different interviewers.

So total ways is 10*2 = 20

And therefore the probability is 20/120 = 1/6
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Another way using probability.

Again, three interviewers interviewing more than one candidate means exactly two interviewers interview the same candidate twice.

There are 5!/3!2! = 10 ways to select.

The probability that one of the two candidates is assigned their original interviewer is 1/5. Therefore the probability that the second of the two candidates is assigned their original interviewer is now 1/4.

The probability that the third candidate is assigned a different interviewer is 2/3. Since there are now two interviewers left for the remaining two interviewees but only one of those ways creates a new interviewer interviewee pair that probability is 1/2.
Therefore the total probability is 10*1/5*1/4*2/3*1/2 =10*1/60 = 1/6
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