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Comment by dudeinjapan

I had something like this too for a quant trading interview. It was one of those problems about flipping a coin, heads doubles your money and tails you lose everything, "how much would you pay to play the game?" If forget the nuance of the question but when I did the math on the whiteboard, the expected value was 1 i.e. the same amount one wagers. At that point I said, "Well, I guess I could pay for the entertainment value... how much do I owe you for this interview?"
parent dudeinjapan 4 years ago

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