Quantitative Trader Interview Questions

1,133 quantitative trader interview questions shared by candidates

Two symmetric dice have both had two of their sides painted red, two painted black, one painted yellow, and the other painted white. When this pair of dice is rolled, what is the probability that both dice land with the same color face up?
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Quantitative Trader

Interviewed at Jane Street

4.4
May 2, 2022

Two symmetric dice have both had two of their sides painted red, two painted black, one painted yellow, and the other painted white. When this pair of dice is rolled, what is the probability that both dice land with the same color face up?

100-side dice with number 1,2,...,100 on each side. You get paid $50 if you roll a 50, $75 if you roll a 75 etc. If you are unsatisfied with the result, you can pay $1 to roll again, you can roll as many times as you want. Question: what's the maximal amount you are willing to pay to enter this game (roll for the first time). Note that each subsequent play you only need to pay $1 to play again. What's your strategy?
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Quantitative Trader Intern

Interviewed at AKUNA CAPITAL

4
Apr 19, 2020

100-side dice with number 1,2,...,100 on each side. You get paid $50 if you roll a 50, $75 if you roll a 75 etc. If you are unsatisfied with the result, you can pay $1 to roll again, you can roll as many times as you want. Question: what's the maximal amount you are willing to pay to enter this game (roll for the first time). Note that each subsequent play you only need to pay $1 to play again. What's your strategy?

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