Top Probability and Statistics Questions for Quant Interviews at Goldman Sachs
This is an interview question asked in investment banks, hedge funds and trading firms for roles such as quant analyst, quant strategist and quant researcher. It tests the candidate on their knowledge of probability and statistics (random variables, distributions and expected values).
Question:
There's a 50% probability that bond A will default and a 30% probability that bond B will default.
