Research Engineer Interview Questions

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You need to forecast the number that will be drawn from a continues uniform distribution between and 60. You will be charged 3 dollars for every unit overestimated and 1 dollar for every unit underestimated. No charge if the number is forecasted correctly. What number to forecast to minimize the cost?
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Research Analyst

Interviewed at WorldQuant

4.2
Apr 2, 2018

You need to forecast the number that will be drawn from a continues uniform distribution between and 60. You will be charged 3 dollars for every unit overestimated and 1 dollar for every unit underestimated. No charge if the number is forecasted correctly. What number to forecast to minimize the cost?

I own a property and what to have it surveyed for resources. 10% chance oil will be found, in which case the property is worth $1 million 30% chance Coal will be found, in which case the property is worth $500 thousand and if no resources are found, property can be sold for $200,000, What is the value of this property?
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Equity Research Associate

Interviewed at Susquehanna International Group

3.8
Sep 30, 2021

I own a property and what to have it surveyed for resources. 10% chance oil will be found, in which case the property is worth $1 million 30% chance Coal will be found, in which case the property is worth $500 thousand and if no resources are found, property can be sold for $200,000, What is the value of this property?

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