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In the word MISSISSIPPI, there are a total of 11 letters.
- Letter S appears 4 times
- Letter I appears 4 times
- Letter M appears 1 time
- Letter P appears 2 times
Since we are selecting a letter randomly, the chances of selecting a particular letter depend on the number of times that letter appears in the word.
Therefore, the set of letters that have equal chances to be selected are M, I, and P, as each of them appears once or twice in the word MISSISSIPPI. The letters S have a higher chance of being selected as it appears 4 times.