Trading Interview Questions

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Lots of difficult questions about expectation of random processes. For example, we play a game with a 100-sided die. Each roll costs a dollar, and you can choose to stop at any time and accept the dollar amount of your most recent roll. What is the best stopping time?
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Trading Intern

Interviewed at Jane Street

4.4
Feb 11, 2015

Lots of difficult questions about expectation of random processes. For example, we play a game with a 100-sided die. Each roll costs a dollar, and you can choose to stop at any time and accept the dollar amount of your most recent roll. What is the best stopping time?

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