Expected value of three different games: which one should you choose to get the best profit?
Quantitative Research Associate Interview Questions
4,871 quantitative research associate interview questions shared by candidates
probability, statistics, game theory and live coding.
Suppose we have two dice and you can see one of the die and your opponent can see the other one. The payoff is the sum of the dice. What is your strategy of auction.
Q1. What is EV of # of Heads with 5 fair coin tosses. Why?
I don't remember exactly. A problem related to recurrence relation, one abot pricing using expected value
Probability questions, I recommend openquant.co for free questions training, they are roughly 4-5 difficulty, but they help you
You are given two identical eggs and a 100-story building. Your task is to determine the highest floor from which you can drop an egg without it breaking.
You're offered a game where you flip a fair coin. Every time it comes up heads, you win $1 and can choose to continue or stop. Every tails loses $1. When would you stop?
You and another player sample numbers uniformly from [0,1] (your number is private), and put the numbers in a pot, and take turns bidding. How does your bidding strategy go?
Probability of rolling a sum of 7 on 2 die
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