Technology Strategy Interview Questions

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Phone interview case question: Expected payout problem. It involved two possible winners to an American Idol competition. There are two possible bets. You can bet on Jordan for $5 and potentially win $14 (net profit $9). Or you can bet on Chris for $8 and potentially win $13 dollars (net profit $5). The questions revolve around probability of each one winning. Depending on the probability of one winning there is a bet that will be most profitable. The case also adds two other 'bets' in addition to the two listed above. You can either choose not to bet or you can bet on both of them.
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Strategy Analyst

Interviewed at CarMax

3.5
Feb 27, 2014

Phone interview case question: Expected payout problem. It involved two possible winners to an American Idol competition. There are two possible bets. You can bet on Jordan for $5 and potentially win $14 (net profit $9). Or you can bet on Chris for $8 and potentially win $13 dollars (net profit $5). The questions revolve around probability of each one winning. Depending on the probability of one winning there is a bet that will be most profitable. The case also adds two other 'bets' in addition to the two listed above. You can either choose not to bet or you can bet on both of them.

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