How many three-letter words can be formed using the letters $\;$ $a, \; b, \; c, \; d, \; e$ $\;$ if: 
- repetition is allowed;
- repetition is not allowed?
Given: 5 letters $\; a, \; b, \; c, \; d, \; e$ 
- 
Repetition is allowed 
 The first letter can be selected in $5$ ways.
 The second letter can be selected in $5$ ways.
 The third letter can be selected in $5$ ways.
 $\therefore \;$ Total number of ways of forming three-letter words using the given letters if repetition is allowed is $= 5 \times 5 \times 5 = 125$ ways.
 
- 
Repetition is not allowed 
 The first letter can be selected in $5$ ways.
 The second letter can be selected in $4$ ways.
 The third letter can be selected in $3$ ways.
 $\therefore \;$ Total number of ways of forming three-letter words using the given letters if repetition is allowed is $= 5 \times 4 \times 3 = 60$ ways.