Jane Street–styleInternInternshipQuestion #592
You are given a ten-sided die (values 1-10) and are allowed to roll it once or twice. After your first roll, you may choose to roll again. If you roll a second time, you add both values for your final score. If your total is 13 or less, you receive that amount in pounds as a payout. If your total exceeds 13, you receive nothing. What is the optimal strategy, and how did you arrive at your answer?
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More Jane Street–Style Intern Questions
Design a real-time system to process millions of trades per second. How would you ensure low latency, fault tolerance, and exactly-once processing?If I roll two dice, what is the expected value of the product of the two faces?Suppose we play a game with a die where we roll and sum our rolls. We can stop at any time, and the sum is our score. However, if our sum is ever a multiple of 10, our score becomes zero and our game is over. What strategy will yield the greatest expected score? What about if the target multiple is a value other than 10?Implement the game Tetris in 30 minutes.What is the optimal strategy for winning in rock-paper-scissors if your opponent can only choose between rock and paper?
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