Quantitative Research Internship Interview Questions

3,500 quantitative research internship interview questions shared by candidates

If you toss a fair coin N times, what is probability that you will get an even number of heads? Follow up: now what if you have N - 1 fair coins, and the Nth coin is not fair, but lands on heads with probability p?
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Quantitative Researcher

Interviewed at Citadel Securities

4
Mar 21, 2024

If you toss a fair coin N times, what is probability that you will get an even number of heads? Follow up: now what if you have N - 1 fair coins, and the Nth coin is not fair, but lands on heads with probability p?

You have a bet. There is half probability to get $1.55, and half probability to get $0.55. It cost $1 to play. Will you play it? Will you bet all of your wealth on it? Will you play 100 times in a row with all of your wealth?
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Quantitative Research Analyst

Interviewed at STEVENS CAPITAL MANAGEMENT LP

4.8
May 11, 2015

You have a bet. There is half probability to get $1.55, and half probability to get $0.55. It cost $1 to play. Will you play it? Will you bet all of your wealth on it? Will you play 100 times in a row with all of your wealth?

General statistics/probability question and some questions about alpha research. The firm hasn't made money in two years, but expanding rapidly(there is something wrong there). Firm management predates American Revolution and seemed clueless how to hire. After the process was finished, I came out with a bad taste in my mouth . Stay away they won't be around for too long.
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Quantitative Researcher

Interviewed at QuαntPORT

3.9
Aug 9, 2019

General statistics/probability question and some questions about alpha research. The firm hasn't made money in two years, but expanding rapidly(there is something wrong there). Firm management predates American Revolution and seemed clueless how to hire. After the process was finished, I came out with a bad taste in my mouth . Stay away they won't be around for too long.

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