Junior Quantitative Analyst Data Analyst Interview Questions

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You have $100 and get an extra $100 to play a casino game where you bet on flips of a fair coin, and this game has 4:5 payout. You must bet a total of at least $500 to cash out. How do you maximize your expected earnings?
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Quantitative Trader

Interviewed at Susquehanna International Group

3.8
Sep 27, 2024

You have $100 and get an extra $100 to play a casino game where you bet on flips of a fair coin, and this game has 4:5 payout. You must bet a total of at least $500 to cash out. How do you maximize your expected earnings?

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