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You have 2 decks of cards (each deck contains both red and black cards). One deck has twice the number of cards in the other deck with the same color ration (so one deck has 52 cards and the other has 104, both half red and half black). I offer you to play a game. First you get to chose which deck of cards you want to play with. Second, you draw 2 cards at random from your deck of choice. If both are red, then I will give you a ferarri. Which deck of cards would you chose?
My resume was shortlisted and telephonic interview was conducted after which I was called to Bangalore for GD & Interview. I cleared the GD too but in interview they said that sorry we are looking for a B.tech grad as this is a technical position. I didn't get that why have they shortlisted my resume when my qualification was clearly mentioned in the resume further being a Btech grad is not a licence of being suitable for technical position . Employers seems to be really confuse.
No questions were difficult
CASE: Cross-selling Credit Insurance to Cardholders direct mail: .50, 1% response rate, avg balance $1000, 5% claim insurance, etc. Profitable? How make more profitable? What if response rate doubled but claims doubled? Make chart of profit curve, what does it mean if..., etc.
Can you calculate how many tennis balls are used during the course of Wimbledon
Let's say we're playing Russian roulette. The revolver has SIX barrels, THREE of which contain bullets. I give you two options: A. Spin, shoot. Spin, shoot. Spin, shoot. (For a total of three times). B. Spin once and pull the trigger twice. Which option would you pick and why?
If there are two coins in a box, one fair coin that has heads and tails and one trick coin with heads on both sides, what is the probability you will get the trick coin? If you flip the coin once and get heads, what is the probability you picked the trick coin?
You have the choice between using first class or third class mail for a letter you are sending out to potential customers. First class costs $0.50 per piece and reach 100% of potential customers. Third class costs $0.40 per piece and reaches 80% of potential customers. Which do you use?
About derivatives,swaps, forward and future contract etc, about hedging, depth questions on capital budgeting.
You have a bat and a ball. The bat is 1 dollar more than the ball and they both add up to 1.50. How much are each?
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