Trading Associate Interview Questions

8,671 trading associate interview questions shared by candidates

There are 100 seats on a train that is fully booked. The first passenger is blind and takes a seat at random. Whenever another person gets on the train they take their seat if it's free. If it is not they choose one of the empty seats at random. What is the probability that the last passenger sits in their assigned seat?
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Trading Intern

Interviewed at Jane Street

4.4
Dec 7, 2017

There are 100 seats on a train that is fully booked. The first passenger is blind and takes a seat at random. Whenever another person gets on the train they take their seat if it's free. If it is not they choose one of the empty seats at random. What is the probability that the last passenger sits in their assigned seat?

You are going to see a sports tournament between two teams. Best of 7. Can only have win/loss outcomes. Devise the optimum betting strategy such that at the end of the tournament you are either up 100 or down 100. Was initially confused about starting money but he told me that you can bet any amount.
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Summer Trading Analyst

Interviewed at Jane Street

4.4
Jan 7, 2013

You are going to see a sports tournament between two teams. Best of 7. Can only have win/loss outcomes. Devise the optimum betting strategy such that at the end of the tournament you are either up 100 or down 100. Was initially confused about starting money but he told me that you can bet any amount.

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