Skip to contentSkip to footer

Management Analyst Interview Questions

Salaries
Interviews

4,433 management analyst interview questions shared by candidates

We are playing a game that involves three doors, numbered 1 to 3. The game involves two stages. You must pay 1 dollar to play the first stage and 1 dollar to play the second stage. In the first stage I hide Y dollars behind one of the three doors. You then guess which door the money is behind and if you are correct, you keep the money. If you are incorrect, I will tell you if the door number is higher or lower than the one you chose. (A) What is your optimal strategy assuming I hide the money randomly and what is the minimum Y required to get you to play the game? (B) Assuming you do not deviate from your optimal strategy, what does my optimal strategy become? (C) What is your response? (D) What is the equilibrium strategy and expected loss of the game?
avatar

Portfolio Management Analyst

Interviewed at Ellington Management Group

3.7★
Aug 9, 2014

We are playing a game that involves three doors, numbered 1 to 3. The game involves two stages. You must pay 1 dollar to play the first stage and 1 dollar to play the second stage. In the first stage I hide Y dollars behind one of the three doors. You then guess which door the money is behind and if you are correct, you keep the money. If you are incorrect, I will tell you if the door number is higher or lower than the one you chose. (A) What is your optimal strategy assuming I hide the money randomly and what is the minimum Y required to get you to play the game? (B) Assuming you do not deviate from your optimal strategy, what does my optimal strategy become? (C) What is your response? (D) What is the equilibrium strategy and expected loss of the game?

Viewing 571 - 580 interview questions

Glassdoor has 4,433 interview questions and reports from Management analyst interviews. Prepare for your interview. Get hired. Love your job.