Trading intern interview questions shared by candidates
You are playing a game where the player gets to draw the number 1-100 out of hat, replace and redraw as many times as they want, with their final number being how many dollars they win from the game. Each "redraw" costs an extra $1. How much would you charge someone to play this game?
redraw 10 times and get the payoff around 77?
the average draw will pay out $50.50
I have 10 cards face-down numbered 1 through 10. We play a game in which you choose a card and I give you the corresponding dollar amount. a) What is the fair price of this game? b) Now, after picking a card you can either take the dollar value on the card or $3.50. Also, cards worth less than 5 are now valued at $0. What is the maximum price you are now willing to pay for the game?
You have three barrels. One barrel is filled with apples, one with oranges, and one with both apples and oranges. Each barrel is mislabeled. You can take out as many fruit as you like form each barrel and look at it. What is the minimum number of fruits you need to remove to correctly label the barrels?
11% of 68 1,000,000-211 32 x 28 1 bowling ball has diameter of 8 inches, weighs 16 pounds. A bowling ball of equal density has diameter of 12. How much does it weight? We're going to play a game. You go first. You flip a coin and if you get H, I give you $30. If you get T, you give me the coin and I flip. If I get H, you give me $30, if I get T I give it back to you. We keep going until one of us gets heads. What is the max amount you'd be willing to pay to go first. Give a 50% confidence range and a 90% one of your answer. Why?
A king has 1000 bottles of water, exactly one of which is poisoned. Servants die the day after consuming the poison. The king holds a party and has his servants drink the bottles. The next morning, the king finds out which servants are dead. What is the minimum number of servants that the king needs at the party to determine which bottle is poisoned?
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