Assistant Trader Interview Questions

578 assistant trader interview questions shared by candidates

Similar to question about coins however it was about beads that were then not replaced. So For example there are 6 $10 chips in Urn A and 6 $1 Chips. 3 $10 chips in Urn B and 9 $1 chips. Given that the chip picked is $10, what is the probability of picking a $10 chip again and what is the estimated value of this pick.
avatar

Assistant Trader

Interviewed at Jane Street

4.4
Jul 15, 2015

Similar to question about coins however it was about beads that were then not replaced. So For example there are 6 $10 chips in Urn A and 6 $1 Chips. 3 $10 chips in Urn B and 9 $1 chips. Given that the chip picked is $10, what is the probability of picking a $10 chip again and what is the estimated value of this pick.

Question 2: A chest contains a treasure that is equally likely to be worth any amount between $0 and $1,000. You may bid on the chest, but you only get it if you bid more than the value of the treasure, x. You can resell the treasure for 1.5x. What should you bid?
avatar

Assistant Trader Intern

Interviewed at Jane Street

4.4
Apr 15, 2013

Question 2: A chest contains a treasure that is equally likely to be worth any amount between $0 and $1,000. You may bid on the chest, but you only get it if you bid more than the value of the treasure, x. You can resell the treasure for 1.5x. What should you bid?

Viewing 191 - 200 interview questions

Glassdoor has 578 interview questions and reports from Assistant trader interviews. Prepare for your interview. Get hired. Love your job.