Assistant Trader Interview Questions

578 assistant trader interview questions shared by candidates

What is the fair price for a dice game in which you receive the amount you roll but have the option of rolling the dice a second time. If you choose to roll a second time, you must take the amount you roll on that occasion.
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Assistant Trader

Interviewed at Susquehanna International Group

3.8
Mar 29, 2011

What is the fair price for a dice game in which you receive the amount you roll but have the option of rolling the dice a second time. If you choose to roll a second time, you must take the amount you roll on that occasion.

A boat fires torpedoes at another boat, the probability that the torpedo hits is 1/3, if the torpedo hits the boat, the boat is destroyed. 2 torpedoes are fired, what is the probability of the ship being destroyed?
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Assistant Trader

Interviewed at Susquehanna International Group

3.8
Feb 29, 2016

A boat fires torpedoes at another boat, the probability that the torpedo hits is 1/3, if the torpedo hits the boat, the boat is destroyed. 2 torpedoes are fired, what is the probability of the ship being destroyed?

4 mental math questions. Stuff like 37 times 37. How many 27-cent stamps can you buy with $10, etc. Then he asked how confident (in a probability) I was that I got them all right, how confident I was I got the hardest one right, and how confident I was I got at least one wrong. After, he asked me a coin problem: What is the probability you get exactly 2 heads in 4 flips of a coin.
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Assistant Trader

Interviewed at Jane Street

4.4
Oct 10, 2013

4 mental math questions. Stuff like 37 times 37. How many 27-cent stamps can you buy with $10, etc. Then he asked how confident (in a probability) I was that I got them all right, how confident I was I got the hardest one right, and how confident I was I got at least one wrong. After, he asked me a coin problem: What is the probability you get exactly 2 heads in 4 flips of a coin.

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