Quant Researcher Interview Questions from Goldman Sachs
Quantitative researcher interviews at top-tier firms like Goldman Sachs are renowned for their rigor and deep focus on mathematical concepts, probability, and stochastic processes. In this article, we delve into some of the challenging and revealing quant researcher interview questions encountered at Goldman Sachs.
Assume that \( X_1, X_2, \ldots, X_n \) are independent and identically distributed (IID) random variables with a uniform distribution between 0 and 1. What is the probability that \( S_n = X_1 + X_2 + \ldots + X_n \leq 1 \)?
Let’s break down the problem step by step. We are to find:
