Jane Street
Interview Question
Quantitative Researcher Interview
Jane Street
There are 100 coins, each flipped and the results are hidden. You can ask one yes/no question, after which you must guess the outcome of each coin flip. For each correct guess, you earn 1 dollar; for each incorrect guess, you lose 1 dollar. What is the optimal strategy for maximizing your expected return, and what is the maximum expected value?
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