IT professionals build, design, and maintain the systems that handle storing, sending, and retrieving information. Employers are looking for individuals who are able to systematically solve the tough and unusual problems that arise in the field. Expect to be asked many hypothetical questions that will assess your thought process when dealing with complex problems.
1) Manufacture and option from plain vanillas that makes money in case of low volatility and does not lose too much in the opposite scenario. 2) We are in a junction. p is the probability that at least one car will pass through it within the next 20 minutes. Give me the probability that no car will pass within the next 5 minutes.
Standard and fair interview
 1 - p/4 for no cars in first 5 min
Let q be the probability of seeing no car in any given 5 minutes. Then the prob of not seeing a car in 20 mins is q^4 (or 1 - p). So q = (1-p)^0.25