Correlation among a few random variables
Quantitative Associate Interview Questions
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If today is Good Day, on average, how many days do we have to wait until the next “Bad” Day?
A frog is traveling from point A(0,0) to point B(4,6) but each step can only be 1 unit up or 1 unit to the right. Additionally, the frog refuses to move three steps in the same direction consecutively. Compute the number of ways the frog can move from A to B.
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Should a biker do a training program in order to join the cycling club?
200 pieces of 1 dollar coins, for each one it has equal probability to go into the pot or not. You will bid for that pot (get the money in the pot but you don't know how many coins are exactly in the pot). Anyone who offers the highest bid win the auction. What would you bid (with 1 competitor, 10 competitors)? Now if just we two bid and we are trying our best strategy, but I have the advantage of knowing how many of the first 10 coins go into the pot. What will be our strategies? How much will you bid and what is your expected payoff?
Given two bowling balls and one weighs X kg, they are the same density, if this bowling ball is 10 inches diameter and the other is 16 inches diameter, how much does it weight?
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