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Quant Interview Question

Quantitative Trader Interview

Two players each roll a dice. They each win if their number is higher than the other, but they are not obligated to bet. If the first person declines the bet, that round ends. The second person knows whether the first person made a bet or not. Which player has a higher payout?

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Disclaimer: We are not affiliated with the company referenced in any way. This question is sourced from interviewees and public sources and may not be accurate or reflective of the company's actual interview process.