Analysts Interview Questions

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You are in a silent auction and bidding for a new car with an infinite number of participants. The winner of the auction is not the person that bets the highest number, but the person that correctly guesses half of the average bid (i.e. if the average bid amongst all the participants was $50, the winner is the person that bids $25). The maximum amount you can bid is $100. All of the participants are given the same information as you are and will make rational decisions, just like you will. What is the winning bid for the car?
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Media Analyst

Interviewed at Ampush

3.9
Jan 29, 2014

You are in a silent auction and bidding for a new car with an infinite number of participants. The winner of the auction is not the person that bets the highest number, but the person that correctly guesses half of the average bid (i.e. if the average bid amongst all the participants was $50, the winner is the person that bids $25). The maximum amount you can bid is $100. All of the participants are given the same information as you are and will make rational decisions, just like you will. What is the winning bid for the car?

excel test
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Analyst

Interviewed at European Insurance and Occupational Pensions Authority

2.7
Jul 9, 2020

excel test

You are given two eggs, and access to a 100-storey building. Both eggs are identical. The aim is to find out the highest floor from which an egg will not break when dropped out of a window from that floor. If an egg is dropped and does not break, it is undamaged and can be dropped again. However, once an egg is broken, that’s it for that egg. If an egg breaks when dropped from floor n, then it would also have broken from any floor above that. If an egg survives a fall, then it will survive any fall shorter than that. The question is: What strategy should you adopt to minimize the number egg drops it takes to find the solution?. (And what is the worst case for the number of drops it will take?)
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Quantitative Analyst

Interviewed at Tower Research Capital

4.1
Nov 22, 2013

You are given two eggs, and access to a 100-storey building. Both eggs are identical. The aim is to find out the highest floor from which an egg will not break when dropped out of a window from that floor. If an egg is dropped and does not break, it is undamaged and can be dropped again. However, once an egg is broken, that’s it for that egg. If an egg breaks when dropped from floor n, then it would also have broken from any floor above that. If an egg survives a fall, then it will survive any fall shorter than that. The question is: What strategy should you adopt to minimize the number egg drops it takes to find the solution?. (And what is the worst case for the number of drops it will take?)

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