Intern Interview Questions

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We are racing, and can at any time signal to the other that we would like to double our bet. We've put down 100 to start and during the race I signal to you I want to double the bet, What is the minimum probability of winning for you to accept to continue?
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Intern

Interviewed at Susquehanna International Group

3.8
Mar 20, 2013

We are racing, and can at any time signal to the other that we would like to double our bet. We've put down 100 to start and during the race I signal to you I want to double the bet, What is the minimum probability of winning for you to accept to continue?

3) Poker. 26 red, 26 black. Take one every time, you can choose to guess whether it’s red. You have only one chance. If you are right, you get 1 dollar. What’s the strategy? And what’s the expected earn?
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Quantitative Researcher Summer Intern

Interviewed at Jane Street

4.4
Apr 18, 2011

3) Poker. 26 red, 26 black. Take one every time, you can choose to guess whether it’s red. You have only one chance. If you are right, you get 1 dollar. What’s the strategy? And what’s the expected earn?

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