Quantitative Analyst Intern Interview Questions

10,152 quantitative analyst intern interview questions shared by candidates

You bid for a coin. You're confident that the price of the coin is between 0 and 100, if your bid is greater than the price, you win and sell it to your friend at the price of 1.5 times price. what's your bid to max your profit?
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Quantitative Trader

Interviewed at Jane Street

4.4
2 Dec 2010

You bid for a coin. You're confident that the price of the coin is between 0 and 100, if your bid is greater than the price, you win and sell it to your friend at the price of 1.5 times price. what's your bid to max your profit?

You observe a sample of measurements coming from a fixed length ruler. If the object is shorter than the ruler you observe the actual measurement. Otherwise you observe the length of the ruler. What would be a good estimator of the ruler length?
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Quantitative Analyst

Interviewed at Google

4.4
15 Jun 2015

You observe a sample of measurements coming from a fixed length ruler. If the object is shorter than the ruler you observe the actual measurement. Otherwise you observe the length of the ruler. What would be a good estimator of the ruler length?

There are 3 coins. One coin has heads on both sides, one coin has tails on both sides, the third one has head on one side and tail on the other side. Now I pick up one coin and toss. I get head. What is the chance that the coin I picked has heads on both sides?
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Quantitative Trader

Interviewed at Jane Street

4.4
17 Oct 2010

There are 3 coins. One coin has heads on both sides, one coin has tails on both sides, the third one has head on one side and tail on the other side. Now I pick up one coin and toss. I get head. What is the chance that the coin I picked has heads on both sides?

N points lie on a circle. You draw lines connecting all the points to each other. These lines divide up the circle into a number of regions. How many regions is this? Assume that the points are scattered in such a way as to give the maximum number of regions for that N.
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Quantitative Trader

Interviewed at Jane Street

4.4
2 Jan 2010

N points lie on a circle. You draw lines connecting all the points to each other. These lines divide up the circle into a number of regions. How many regions is this? Assume that the points are scattered in such a way as to give the maximum number of regions for that N.

3) Poker. 26 red, 26 black. Take one every time, you can choose to guess whether it’s red. You have only one chance. If you are right, you get 1 dollar. What’s the strategy? And what’s the expected earn?
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Quantitative Researcher Summer Intern

Interviewed at Jane Street

4.4
18 Apr 2011

3) Poker. 26 red, 26 black. Take one every time, you can choose to guess whether it’s red. You have only one chance. If you are right, you get 1 dollar. What’s the strategy? And what’s the expected earn?

The first question he gave me was not hard. 1. You call to someone's house and asked if they have two children. The answer happens to be yes. Then you ask if one of their children is a boy. The answer happens to be yes again. What's the probability that the second child is a boy? 2. (Much harder) You call to someone's house and asked if they have two children. The answer happens to be yes. Then you ask if one of their children's name a William. The answer happens to be yes again.(We assume William is a boy's name, and that it's possible that both children are Williams) What's the probability that the second child is a boy?
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Software Engineering and Quantitative Research

Interviewed at D. E. Shaw & Co. - Investment Firm

3.8
9 Jan 2014

The first question he gave me was not hard. 1. You call to someone's house and asked if they have two children. The answer happens to be yes. Then you ask if one of their children is a boy. The answer happens to be yes again. What's the probability that the second child is a boy? 2. (Much harder) You call to someone's house and asked if they have two children. The answer happens to be yes. Then you ask if one of their children's name a William. The answer happens to be yes again.(We assume William is a boy's name, and that it's possible that both children are Williams) What's the probability that the second child is a boy?

You have 2 decks of cards (each deck contains both red and black cards). One deck has twice the number of cards in the other deck with the same color ration (so one deck has 52 cards and the other has 104, both half red and half black). I offer you to play a game. First you get to chose which deck of cards you want to play with. Second, you draw 2 cards at random from your deck of choice. If both are red, then I will give you a ferarri. Which deck of cards would you chose?
avatar

Quantitative Analyst

Interviewed at Jane Street

4.4
15 May 2011

You have 2 decks of cards (each deck contains both red and black cards). One deck has twice the number of cards in the other deck with the same color ration (so one deck has 52 cards and the other has 104, both half red and half black). I offer you to play a game. First you get to chose which deck of cards you want to play with. Second, you draw 2 cards at random from your deck of choice. If both are red, then I will give you a ferarri. Which deck of cards would you chose?

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