Whose draw is larger?
Jimmy picks a number uniformly at random from and, independently, Simon picks uniformly from . What is the probability that Simon's number is strictly larger than Jimmy's?
Show hints (2)+
- Condition on Jimmy's value : .
- Average over using .
Answer
Reveal answer →Final answer
0.8332 (± 0.002)
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Interview format: Hedge Fund Quant, Prop Trading