NT Quant

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Acing The Quant Interview

Quant Puzzles 2: Picking Bets

Can you take the right risks?

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NT Quant
Feb 20, 2023
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Happy Monday! What better way to stimulate your dopamine system than with some gambling problems.

Solutions are in a pdf at the bottom of the post.

Question 1: One Bet

You have the option to pick one of two bets

Bet 1

  • You have a 1% chance of winning $1,000,000 and a 99% chance of losing 1000

Bet 2

  • You have a 85% chance of winning 1000 and a 15% chance of los…

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