Quantitative Analyst Interview Questions

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I have a standard 52 card deck. One by one, I draw cards from the deck and place them face up in front of you (without putting them back). At any point, you may stop me and say a color. If the next two cards I draw both have that color, you win. Otherwise, you lose. What is the optimal strategy?
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Quantitative Research Intern

Interviewed at Jane Street

4.4
Oct 30, 2018

I have a standard 52 card deck. One by one, I draw cards from the deck and place them face up in front of you (without putting them back). At any point, you may stop me and say a color. If the next two cards I draw both have that color, you win. Otherwise, you lose. What is the optimal strategy?

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