📕 FREE Guide2025 Quant Firm Tier List

Jane Street Interview Question

Jane StreetTrader Intern Interview

You are playing a game in which four fair coins are flipped and the amount of money you receive in dollars is equal to the number of heads that appear in total. If you do not like the outcome of the first four flips, you have the option to re-flip the four coins, but you are obligated to take the second outcome. Determine a fair value fr the game.

Unlock the Full Solution

Enter your email to get instant access to the complete solution, explanation, and similar practice problems.

Want to ace more quant interviews?

Get access to our comprehensive interview preparation course with hundreds of real interview questions, detailed solutions, and personalized mentorship from quants at top firms.

Start Your Prep Today