Quantitative Operations Associate Interview Questions

2,052 quantitative operations associate interview questions shared by candidates

A bag has three coins in it which are visually indistinguishable, but when flipped, one coin has a 10% chance of coming up heads, another as a 30% chance of coming up heads, and the last has 60% chance of coming up heads. I randomly draw a coin from the bag and flip it, and the result comes up heads. What is the probability that if I reflip this coin, it will come up heads again? Why?
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Quantitative Trader Intern

Interviewed at Jane Street

4.4
Jan 13, 2021

A bag has three coins in it which are visually indistinguishable, but when flipped, one coin has a 10% chance of coming up heads, another as a 30% chance of coming up heads, and the last has 60% chance of coming up heads. I randomly draw a coin from the bag and flip it, and the result comes up heads. What is the probability that if I reflip this coin, it will come up heads again? Why?

All of the questions were in some sense probability related of the "you have a deck of cards, what's the probability to get four kings" type, but always a bit twisted. They kept asking me for an exact percentage of my confidence in my answer, which I found very hard.
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Quantitative Researcher

Interviewed at Jane Street

4.4
Mar 20, 2013

All of the questions were in some sense probability related of the "you have a deck of cards, what's the probability to get four kings" type, but always a bit twisted. They kept asking me for an exact percentage of my confidence in my answer, which I found very hard.

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