Trade Support Associate Interview Questions

3,028 trade support associate interview questions shared by candidates

Given a coin, one can toss it. There is a probability that the coin lands on heads (H), and otherwise it lands on tails (T), probabilities are not necessarily 50/50. We call the pair of these probabilities (which add up to 100%) "weight". Game: You are given 10 coins with weights being randomly assigned according to the normal distribution (50/50 is more likely than 0/100). You have 100 tosses in total, you choose which coins to toss, one by one. For every (T) you are paid 1 dollar. How much money would you pay to play this game?
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Trade Analyst

Interviewed at Jane Street

4.4
Aug 12, 2022

Given a coin, one can toss it. There is a probability that the coin lands on heads (H), and otherwise it lands on tails (T), probabilities are not necessarily 50/50. We call the pair of these probabilities (which add up to 100%) "weight". Game: You are given 10 coins with weights being randomly assigned according to the normal distribution (50/50 is more likely than 0/100). You have 100 tosses in total, you choose which coins to toss, one by one. For every (T) you are paid 1 dollar. How much money would you pay to play this game?

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