Coin Flips Are Not Exactly 50/50
1:23
Coin Flips Are Not Exactly 50/50
11 months ago
MSNVideoElephant - Video
After this interview, Jane Street hired this Quant analyst at $220,000–$600,000/yearIn 21 minutes, you’ll learn what a Tier 1 hedge fund interview is likeHere are some of the questions they ask:1. You have $100, fair coin. Heads - you get 2x your bet back, tails - you lose it. 100 flips. What's the optimal bet size?2. So what exact percentage should you bet?3. Will you bet the same amount all 100 times or adjust your strategy?4. Prove mathematically that betting 100% of bankroll maximizes EV at
21:17
After this interview, Jane Street hired this Quant analyst at $220,000–$600,000/yearIn 21 minutes, you’ll learn what a Tier 1 hedge fund interview is likeHere are some of the questions they ask:1. You have $100, fair coin. Heads - you get 2x your bet back, tails - you lose it. 100 flips. What's the optimal bet size?2. So what exact percentage should you bet?3. Will you bet the same amount all 100 times or adjust your strategy?4. Prove mathematically that betting 100% of bankroll maximizes EV at
1.3M views2 weeks ago
x.combodila
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