Trading Associate Interview Questions

8,671 trading associate interview questions shared by candidates

I have 20% chance to have cavity gene. If I do have the gene, there is 51% chance that I will have at least one cavity over 1 year. If I don’t have the gene, there is 19% chance that I will have at least one cavity over 1 year. Given that I have a cavity in 6 months, what’s the probability that I have at least a cavity over 1 year?
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Trading Assistant

Interviewed at Susquehanna International Group

3.8
Aug 13, 2013

I have 20% chance to have cavity gene. If I do have the gene, there is 51% chance that I will have at least one cavity over 1 year. If I don’t have the gene, there is 19% chance that I will have at least one cavity over 1 year. Given that I have a cavity in 6 months, what’s the probability that I have at least a cavity over 1 year?

What is the expected value to you of the following game: You and another person have 3 coins each. You both flip all of your coins and if your three coins show the same number of tails as the other person, you pay them $2, otherwise they pay you $1.
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Trading Assistant

Interviewed at Chopper Trading

4
Sep 28, 2010

What is the expected value to you of the following game: You and another person have 3 coins each. You both flip all of your coins and if your three coins show the same number of tails as the other person, you pay them $2, otherwise they pay you $1.

If I had 4 coins and I flipped them and you get paid $1 for every head, what is the expectation of earnings? If I then said you had a magic wand and you could use it to tap on an even number of coins to flip them again, what would your expectation of earnings be? (i.e. you could either flip 2 or 4 coins).
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Trading Intern

Interviewed at Jane Street

4.4
Oct 23, 2017

If I had 4 coins and I flipped them and you get paid $1 for every head, what is the expectation of earnings? If I then said you had a magic wand and you could use it to tap on an even number of coins to flip them again, what would your expectation of earnings be? (i.e. you could either flip 2 or 4 coins).

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