Trade Operations Interview Questions

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You can host a party if there is no rain on either Saturday or Sunday. The probability of it raining on a Saturday is 80% and the chance of it raining on Sunday is 60%. What is the probability there is a party on the weekend? Given that you had a party over the weekend, what is the probability that that it rained at the weekend?
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Assistant Trader

Interviewed at Susquehanna International Group

3.8
Sep 14, 2011

You can host a party if there is no rain on either Saturday or Sunday. The probability of it raining on a Saturday is 80% and the chance of it raining on Sunday is 60%. What is the probability there is a party on the weekend? Given that you had a party over the weekend, what is the probability that that it rained at the weekend?

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