Quantitativer Trader Interview Questions

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If it is a good day (G) there are 60% chances tomorrow will be G and 40% chances tomorrow will be bad (B). If it is a B day, there 30% chances tomorrow will be G and 70% chances tomorrow will be B. If today is B, what is the expected number of days before seeing another B?
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Quantitative Trader

Interviewed at Susquehanna International Group

3.8
Nov 2, 2020

If it is a good day (G) there are 60% chances tomorrow will be G and 40% chances tomorrow will be bad (B). If it is a B day, there 30% chances tomorrow will be G and 70% chances tomorrow will be B. If today is B, what is the expected number of days before seeing another B?

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