Summer analyst interview questions shared by candidates
Out of 25 horses, pick the fastest 3 horses. In each race, only 5 horses can run at the same time. What is the minimum number of races required?
You need 7; first 5 races to determine ranking among groups of 5, then you can race the winners from each 5 group and that will give you the fastest one. Then to get 2nd and 3rd horse, you need one more race. So in total 7.
I believe there are six. After you determine the fastest 5 out of the 25 you can just have one more race and choose ranking 1, 2, 3
You are going to see a sports tournament between two teams. Best of 7. Can only have win/loss outcomes. Devise the optimum betting strategy such that at the end of the tournament you are either up 100 or down 100. Was initially confused about starting money but he told me that you can bet any amount.