Search results

  1. pardasani

    What will happen on the buy-side?

    Another point is that in the big picture, hedge funds still are not the biggest chunk of the buy side per say. The total Hedge fund industry has about $1.5 trillion assets under management. Even the biggest names do not cross the $50billion mark ( Renaissance ~ 35b D E Shaw ~35b,Citadel ~20b...
  2. pardasani

    Job market forcast for 2008: It's not all doom and gloom

    there is a saying from where I come from which goes like "girls and job you get only on luck; if you have your day there is no one who can stop you; and when it's not your day there is nothing anyone can do" (it sounds more poetic in sindhi) and my personal experience says yeah that's true...
  3. pardasani

    OPT now for 29 months?

    H1 B numbers this year Total applications ~163,000 Advanced degree application ~31,000 (cap is 20,000) here is a link...
  4. pardasani

    OPT now for 29 months?

    H1B applications reaches limit A side tracker... but news is out on the USCIS webpage that H1b quotas have been filed for FY09 (both general and masters - I think a new record date for masters).... The important thing is that for the masters students there will be a random lottery like system...
  5. pardasani

    OPT now for 29 months?

    Seems like the Baruch International student office knows atleast something about the new rule -- they have a posting saying please report your employers to ISSC... Baruch College - International Student Service Center [/FONT]
  6. pardasani

    OPT now for 29 months?

    Seems like DHS passed out a new rule extending the period of OPT by 17 months to a total of 29 months -- it appears to me the rule was put out yesterday.... Here are a couple of (.gov) websites DHS: 17-Month Extension of Optional Practical Training for Certain Highly Skilled Foreign Students...
  7. pardasani

    Dinner in the sky !

    Its literally dinner in the sky -- this Belgium firm, gets a crane, puts a table 50 meters up where ever you want (in front of a cathedral, sea front) and there you go... Here are some pictures Dinner in the Sky
  8. pardasani

    Google stock screener

    Google introduced a new stock screener on finance.google.com -- its amazing (i know its google but still)!!!!! Google Finance: Stock Screener
  9. pardasani

    Cms volatility

    Although not a direct answer to your question, you may want to read literature by Patrick Hagan (some of which is available on Wilmott library and over the internet in general) about the convexity adjustment and timing issues: Black's formula may give only an approximation, and I am sure that...
  10. pardasani

    What is going on at Bear Stearns ?

    3 one liners I heard recently : a) "we are dating after marrying" : rumored to be some jpm executive about "integrating" business b) "if you for the deal, you would call it a rescue; if you are against it, you will call it a bailout" : On Fed's role c) "Even a dead cat bounces when thrown...
  11. pardasani

    Credit Derivatives Research Papers

    john andy --- amazing thread..... thanks a lot.... the files on this thread are really nice !!!
  12. pardasani

    Just for fun

    good one.... specially considering the recent mess !!!!!
  13. pardasani

    COMPARE Michigan MFE or Columbia MSOR ?

    In my personal opinion you actually would want to the current batch// alumni of these programs so that you get a better idea which program is a better fit... that's one great thing about baruch i would say -- quantnet, where prospective students can post questions and doubts !!!
  14. pardasani

    Are stocks cheap ?

    for what tenure 3months 1 yr or 5 yrs 3 months I guess personally its short futures, 1 year its a 50-50 situation, 5 year definitely NO
  15. pardasani

    Are stocks cheap ?

    Well the top 3 headlines at the hour on Bloomberg are: 1) Treasuries Rise; 3-Month Bill Rates Fall to Lowest Since 1950s 2) Lehman Drops After Fuld Says Fed Eased Cash Concerns 3) Oil, Gold Rise to Records as Dollar Fuels Commodities And yet the Dow is up for the day, and S&P hardly reacted...
  16. pardasani

    commodities, another bubble ?

    I guess the question is what to buy right now (equities, bonds, FX, emerging markets) -- and the answer to this question is Gold, and that has been pushing the price higher..... people have been selling stocks and generating alpha with gold... Gold is traditionally a storage of value...
  17. pardasani

    What is going on at Bear Stearns ?

    btw here is a link to the jpm presentation of the acquisition conference call http://files.shareholder.com/downloads/ONE/248408913x4797139x180609/8cbd90fb-0f16-4238-a908-e0a07a904682/JPM_Bear%20FINAL.pdf
  18. pardasani

    commodities, another bubble ?

    Well I guess part of the bubble has to with the fact that investors don't have options -- the equity markets have been volatile, almost everyone agrees that we are/ we will have a recession.... 2 yr government bonds are yielding less than 1.5%..... The currency markets is having its own...
  19. pardasani

    What is going on at Bear Stearns ?

    probably, but bloomberg says it come down to a neighbour in need is a neighbour indeed kind of situation... I was refering to official SEC filings but I am sure that can be settled on Monday
  20. pardasani

    What is going on at Bear Stearns ?

    Some of my thougths Well when it comes to M&A I don't think there are nationality issues -- if someone wants cash and is selling out, I don't think the regulators would have a problem.... Foreign acquisitions are not really that uncommon -- we live in 2008 where its one big world .... ABN Amro a...
  21. pardasani

    WSJ online free today

    the wall street journal online is free today, thanks to ING (or maybe Maciek). Check out the Heard on the street... It talks (perhaps not surprisingly about Bear!) online.wsj.com
  22. pardasani

    Summer 2008 Midtown Lunch/dinner thread

    Always nice to have beer I guess... Also maybe we can go out Thursday (maybe if not this Friday, next Thursday) -- people always have plans on Friday nights I guess !!!
  23. pardasani

    Interpolation using variance vs. standard deviation.

    Okay let me give this a try (although I guess its difficult to do it without a picture): So lets say today is day 0 and I go long a ATM call option... the concept of so called "risk neutrality" would say I should sell off some stock (approximately 0.5 because ATM) so that I am delta neutral...
  24. pardasani

    Interview Questions to share

    And from yet another view, it does really help one understand what's happening right now.... With risk aversion being the theme of the markets, people are shunning all but the safest bets -- look at the treasury yields vs corporate bond spreads... and obviously the story for asset backed bonds...
  25. pardasani

    Interpolation using variance vs. standard deviation.

    I would go for linear interpolation in variances implying a vol of 27.08% you calculated... the reason being when you are trading options you are trading variance -- in the sense that a delta hedged option gives a PnL of vol*vol* delT ; where we notice vol is the realized vol in the time...
  26. pardasani

    Interview Questions to share

    And here is something I heard today (great introduction to risk aversion!): There are 2 sealed envelopes, one has 50$, and another has 100$. You get to choose one at random, and keep the money.... How much would you be willing to pay for this? Assume now that you have $50mil, and $100mil, how...
  27. pardasani

    Interview Questions to share

    Here are some of my favorites 1. Lets consider a IR swap: Notional=$10million, 10 years duration, half yearly payments. Suppose the swap rate for the same today is 4% and you decide to pay floating. Tomorrow the yield curve goes up (assume parallel shift) by 10 bps, what's your PnL? 2. I...
  28. pardasani

    9:1 Up/Down volume analysis

    What to buy is still an issue: single stocks maybe just too risky, ETF's may require fundamental knowledge of the sector... My bigger concern to the strategy would be that we live in fundamentally different world with the advent of all these computer based strategy... With algorithmic trading/...
  29. pardasani

    9:1 Up/Down volume analysis

    Andy how do you define "up volume" and "down volume" :-- is the reference for up/down the last day's close or is it the last trade -- Also are only SP500 stocks considered for the aggregate or the total aggregate volume. Also the volumes are the volumes at NYSE or at some other exchange?
  30. pardasani

    Transcripts

    they are exactly the same addresses (don't worry about the box number )
  31. pardasani

    Convertible Bond Pricer

    I know Prof Derman has a old paper on pricing convertible bonds via binomial methods (easy to read/ understand and with intuitive reasoning for the results) Here is a link to the pdf http://www.ederman.com/new/docs/gs-valuing_convertibles.pdf It also uses credit spreads which vary on the...
  32. pardasani

    Winterfest 2008

    IMHO the sooner after the exams the better..... something after 25th may just be late as some of us may have plans to travel over christmas!
  33. pardasani

    "MFE program profile evaluation" master thread

    are these risk neutral distributions implied from the distribution of admissions data ;)
  34. pardasani

    PhD or Masters

    and neither do quants !!!!
  35. pardasani

    Dividend price with respect to American Call Option and European Call Option

    on a related but different topic: there seems very little literature on "dividend risk": to price a future (or an option) the future dividend payouts must be known which may not be the case (specially in a market like this one, where big firms are facing trouble with their dividend policy) For...
  36. pardasani

    undergrad classes outside the requirments for my BS in finance thanx

    the one thing I would really recommend to someone who has not completed his undergrad would be to try and look for internships.... It would provide you a real life experience about the different roles people are involved in (and the different roles that exist). It would give you atleast some...
  37. pardasani

    Library of research paper on Quantnet

    Great Idea... Regarding the issue of confidentiality: we can only put papers available on the internet... Many professors have their papers on their personal websites (Dr Derman, Dr Carr, Prof Neftci, Dr. Gatheral, Prof Wu, Prof Madan, Prof Hull)... Again as Andy mentioned several papers (some...
  38. pardasani

    first round quant interview

    brush up probability puzzles and basic black scholes
  39. pardasani

    woo... do we have enough pumpkins this year?

    for a sec, i thought I had visited a wrong website !!!!
  40. pardasani

    The Master Happy Birthday thread

    many many happy returns of the day bob !!!
  41. pardasani

    Why do you want to become a MFE?

    well would say that if you want to be a derivatives trader (index vol/ equity/ fx/ swaps/ exotics) -- and a lot of trading is derivatives based -- a mfe is really relevant... and then there are the whole quantitative traders and quant focussed hedge fudns... with models getting more and more...
  42. pardasani

    Stock Analysis after FE

    and really successful as well !!!!
  43. pardasani

    Your view

    Totally agree!!!!
  44. pardasani

    Your view

    Assuming that by quant (a problem clearly identified here!) we mean somebody who helps put complex pricing/ hedging models together in my opinion a Ph.D. is indeed necessary to be a quant. I interacted with at least 5 quants (as defined above) during my internship with goldman and all of them...
  45. pardasani

    The Master Happy Birthday thread

    many many happy returns of the day alain !!!...
  46. pardasani

    Curious to know

    One school where they have really nice and detailed stats is CMU (here is a link to their page: Salary Statistics : Tepper School of Business).. It would actually be great if we could also sort out our data along these lines: no. of years of relevant experience, job profile, immigration...
  47. pardasani

    Aaahh!!! This volatility is killing me

    To add: If one sees the implied vols across index options it peaked during the late 90's.... That was the period when variance swaps here first getting introduced.... (A great paper to learn about variance swaps is "More than you ever Wanted to Know about Vol swaps" -- a copy can be found...
  48. pardasani

    The Master Happy Birthday thread

    many many happy returns of the day bridgett !!!!!!!!!!!!!!!
  49. pardasani

    Baruch program - equity deriv VS credit deriv FOCUS?

    Just to add; valuation of a lot of derivatives is preety similar (finding expected values) --- a FX option works identically to a equity option and so do many interest rate and commodity derivatives..... Its nice to have a background in option theory, you can apply it to most areas across the...
  50. pardasani

    Book Recommendation

    I just got access to this amazing book on Options Trading ... Have read only 60 pages, but still felt compelled to *HIGHLY* recommend it .... Dynamic Hedging : Managing Vanilla and Exotic Options -- By Nassim Taleb ISBN 0471152803 // 978-0471152804 Amazon.com: Dynamic Hedging: Managing...
  51. pardasani

    Replication :-)

    Here is a cute little problem - Assume you have a stock, currently trading at S=100.... Consider a perpectual (no maturity) american binary option that pays you $1 if the stock ever crosses 150... i.e. as soon as the stock crosses 150, you exercise and you get 1$ historical mu=10% per annum...
  52. pardasani

    Risk Neutrality

    Sure andy -- an article on quantnet sounds like a really cool thing !!.... If i write something, I will definitely put it up here...
  53. pardasani

    Risk Neutrality

    Hi all... I did a small write up 'on risk neutrality and pricing of derivatives'.... kind of explains what risk neutral is (according to me) and why its okay to replace mu by r, when we price derivative securities... please let me know if you any comments/ questions/ feedback sp
  54. pardasani

    Quantitative Interview questions and answers

    My take 999.... pick at random any one bottle keep it aside, bring 999 people to drink from the rest... If someone in those 999 dies, we know which was the poisoned one... If everyone survives then the bottle left out is the poisoned one... I guess the key statement is "every one will drink at...
  55. pardasani

    Quantitative Interview questions and answers

    well I am not sure, but where does the question say that I was in the room with a ping pong ball -- i am infact in my own room fighting with Ito ;)
  56. pardasani

    Quantitative Interview questions and answers

    0 would be my pick.. the power function dies rather rapidly :-)
  57. pardasani

    The Master Happy Birthday thread

    Many many happy returns of the day !!!
  58. pardasani

    New Quantnet members say hi

    interesting background :-)... If you have any questions : just shoot them :-)
  59. pardasani

    The Master Happy Birthday thread

    many many happy returns of the day maciek !!!!
  60. pardasani

    Delta Airlines emerged out of bankruptcy

    well if you notice that airline companies go to default and always come back. Lets say I bought the stock when it as less than a dollar keepin my faith in my obeservation why shouldnt i get the benefit. just a thought. may be silly ..
  61. pardasani

    Average age when entering MFE

    I guess irrespective of the age factor, its always nice to have some relevant work ex before coming into the program :-- having said that, there is no requirements (unlike many MBA programs) that you must have worked x number of years before you can apply to the program... About your age...
  62. pardasani

    PHOTO: Dinner/karaoke to celebrate Hasan's job offer !

    How about drinking from 4, attending Dan's Class and then go for the night out ;) ???
  63. pardasani

    Best Intro to Quant. Finance?

    Actually I would like to recommend the book "Principles of Financial Engineering" by Prof Salih Neftci.... I specially liked the introductory chapters, specially you if you are new to financial engineering... Also I feel the concepts are more structured in prof neftci's book :-- the notations...
  64. pardasani

    Quantitative Interview questions and answers

    Well under the assumption, that neither you nor AJ is more than 1 hour late, I got a answer of (\frac{7}{16} ).. I am attaching a small picture, which I think explains the situation much better.... Its a square of size 60 mins X 60 mins representing possible outcomes, and a big shaded hexagon...
  65. pardasani

    The Master Happy Birthday thread

    many many happy returns of the day Peik !!!!!
  66. pardasani

    My profile- Vadim

    Really nice profile... Are you applying for full time / part time. ?... And if you have any questions / doubts, quantnet is the indeed the best place to post them !!!
  67. pardasani

    a question about application of program

    Dave :-- Although I can't comment on when your application would be reviewed -- I think if you contact the Graduate studies office (Tel 646-312-4490 , wsas_gradaute_studies@baruch.cuny.edu) and explain your situation they may give you an idea... Also if I were you, I would not...
  68. pardasani

    Am I fit for Baruch?

    Well we previously had Ph.D. in the programming, and we have a ph.d. (in physics) in the incoming 2007 batch.... Actually I think none of the present students can comment on that --- the admission decisions are taken by a selection committee and so the only way to figuring that out is by...
  69. pardasani

    The Master Happy Birthday thread

    Many Many Happy returns of the day --- enjoy your day !!!
  70. pardasani

    PHOTO: A daytrip to NYSE Trading Floor

    W O W !!!!!... amazing experience.... Especially seeing the trading floor.... Thanks a lot to everybody who made this possible.....
  71. pardasani

    New Quantnet members say hi

    Ritesh :-- I would just like to repeat about what's up on the math department webpage, and what has been said on this forum before (and guess what its true :) ) There are no specified number of seats that we seek to fill ... the application is looked as a complete package which includes not...
  72. pardasani

    Zicklin vs. MFE?

    Andy outlined very correctly that the best way to learn a language is indeed to buy some books and just program a lot... The books that I always recommend are -- step 1 Read (and solve!) Thinking in C++ by Bruce Eckel Volume 1...There is a second volume as well but its about more advanced...
  73. pardasani

    My Profile

    The complete fees for the course is $6,100 per semester * 3 semesters ~ $18,500 (which as you may note is very less compared to other such programs)... Including books and laptop you can approximate it to be about $20,000... The living/ stay costs preety much depend on how much you want to...
  74. pardasani

    The Master Happy Birthday thread

    and make it flaming shots ;) many many happy returns of the day Jimmy :-)
  75. pardasani

    New Quantnet members say hi

    Well I guess if you are willing to put in your hours then you are already started... I guess one of the places to start would be to attend the info session about the program :-- there is one scheduled on Monday April 16 (http://www.baruch.cuny.edu/math/masters.html) ... It would give you a...
  76. pardasani

    Synthetic CDOs

    Greenwich is not all that far, specially if one has company isn't it ???
  77. pardasani

    Kangaroo jumps

    Okay, let me give it a start atleast... Lets break the number line into parts :- the set of integers, and the set of non integers... Now its easy to recognize that the problem is a 2 dimensional random walk... For the set of integers, we know that any level can be hit by the "standard" - in...
  78. pardasani

    My Profile

    We indeed have a lot of invited speakers --- once every 2 weeks in general : I guess another advantage of being in the city.... The profile of speakers varies a lot, recently we had a commodities trader, a Bear Stearns HR and an invited Professor for eg Yes, all classes are held in the...
  79. pardasani

    My Profile

    Very interesting background.... I also did my electrical engineering (including some spice/cadence) and I think it will help you a lot... Also I completely agree that this batch, and more so the coming batch is a bunch of really smart guys and you will learn a lot from them :-) If you have any...
  80. pardasani

    Is one C++ programming course enough?

    well I guess that's only an impression.... we do indeed do * A LOT * of math.... 2 courses in stochastic calculus, a course in numerical methods/linear algebra and now a course in PDE's.... If you did not do C++ before I think the book by Bruce Eckel "Thinking in C++" is a very good first...
  81. pardasani

    Hi! I'm new and I come with questions!

    kind of reminds me of my undergrad days :-- majored in electrical engineering, played a lot of aoe and commandoes (I still believe aoe 2 is the best microsoft product :P ) , had a first year class in economics which really influenced me :-) and was never motivated by control systems or power...
  82. pardasani

    FAQs - MFE

    If you look at our home page at the math department http://www.baruch.cuny.edu/math/masters.html It says that all applicants, irrespective of when they apply (before the 30th April deadline) will be evaluated according to the same standards... and I am very sure that is indeed the case :-)...
  83. pardasani

    Mike's Intro and Profile

    nice profile mike ! Regarding your GRE score, it has been my experience that the admission committee looks at each application individually -- its more about the overall impact .... What matters I guess is will you benefit from the program and it helps you with your future career goals... If...
  84. pardasani

    Quantitative Interview questions and answers

    Nice trick to come down to w {0,1} The only thing i did not understand though is why z=2, y=8 are the only non negative integer solutions to this equation .... how to check whether there exists other non negative integer solutions to this equaltion.... specially now that we have only 1...
  85. pardasani

    Quantitative Interview questions and answers

    Even I got a probability of 0.85.... The key to the solution is to figure out how many cases you can construct wherein a sum total of 50 coins is $1.... As Andy pointed out, there are only 2 such cases, which I think is the most important aspect to solving the problem... I came up for the...
  86. pardasani

    Is one C++ programming course enough?

    Ah now we are talking details..... I think we can always figure out something there.... maybe start the refresher late in July/ early August so that it merges with the program dates.... maybe we can put syllabus online and ask only those international students who have a difficulty with the...
  87. pardasani

    Is one C++ programming course enough?

    yups i think its an interesting thread specially because ours being an evolving program :-) I would tend to disagree on that..... we already have "knowledge of c++" as a admission criteria right... all we need to say is either attend the refresher courses (where the basic concepts would be...
  88. pardasani

    Is one C++ programming course enough?

    some great suggestions by max :-- and agree with them completely...... specially the suggestion about having it a requirement to having built some basic classes before coming into the program.... we could actually have a structure to the classes ( i mean something like :-- you should have a...
  89. pardasani

    Is one C++ programming course enough?

    Okay this may sound rebellious, but in my opinion we don't really need any course in C++ ... I think that time could be better utilized learning other skills maybe some statistics, maybe some more numerical techniques, maybe some databases, maybe even a course in algorithms.... The way I think...
  90. pardasani

    Zicklin vs. MFE?

    Definitely agree with Andy -- specially when he says that our program prepares students for a wide variety of courses..... My first impression about the program you mentioned (http://www.baruch.cuny.edu/gradprograms/ms_quan_methods.htm) is that its more of a IT in Finance kind of a...
  91. pardasani

    Calyon Financial

    Well i interned with equity research at Credit Agricole Cheuvreux in Zurich, a subsidiary of Credit Agricole the bank... cheuvreux has almost no operations in the US and in my experience has nothing to do with Calyon, so my experiences might be irrelevant in this context.. but still if i have...
  92. pardasani

    In case you're a cricket fan

    You really dont have much ice in india mike :-), unless you go to the mountains which i guess would represent possibly 2-3% of the country in terms of geographical area and less than 1% of the country in terms of population... Hockey just because of the nature of the game is played either on...
  93. pardasani

    In case you're a cricket fan

    Well there is always the good old trusted wikipedia (wonder if i am the only one doing this, but if i want to search something I first go to wikipedia, and then go to google) ... here is a link to the wikipedia article on cricket and it has many nice external links and references...
  94. pardasani

    In case you're a cricket fan

    well actually i still prefer something more along the fantasy baseball (i know nothing about baseball) types..... the way i see it lotto is a waste of money because I know as a fact that they are NOT losing any money.. On this platform though there is more trasperancy :-- I can see what...
  95. pardasani

    In case you're a cricket fan

    Just saw (and signed up) for this website http://www.cricstock.com/... it sounds like a virtual trading forum like the one we have.... only difference, instead of stocks the securities are cricket players and you get virtual cricket rupees... Right now its in the IPO stage where you can bid for...
  96. pardasani

    Option Price vs. Volatility question

    Here is another wierd case... ITM put... s(0) = 40, K=50, r=5%, T=1yr...... When vol ~0, you would expect the price to be around 10$, but it seems that it converges to about 7.5$, with an error very conveniently being $2.5
  97. pardasani

    Option Price vs. Volatility question

    completely agree with you..... However in the graph you have drawn, and also in Hull's deriva gem this value is about 12.5 !!!!... is it just coincidental that the "error" is about 2.5$???
  98. pardasani

    Option Price vs. Volatility question

    couple of points i guess:-- 1) Max do you use your own C++ code for Black Scholes? --- I just verified your interesting post with Hull's DerivaGem software...... although deriva Gem does not let you calculate the price with vol<0.25 you can graph out the price vs vol till vol=0.05% and the...
  99. pardasani

    Option Price vs. Volatility question

    Probably a question with the same answer is :- "Why is the value of a ITM option something like $12.5 at sigma ~0 " --- I would expect it to be something like 10$ (10$ discounted at 5% for 1 year) because if sigma is 0 the stop is expected to remain somewhere close to 60$... also is it just...
  100. pardasani

    Interesting thread on Global Derivatives

    I was browsing through the global derivatives forum today, and came across an interesting thread there :-- http://www.global-derivatives.com/forum/index.php?topic=3506.0 ... A cmu student writes about his interivew experiences.... The posting (with all the obvious disclaimers)is :-...
  101. pardasani

    Quantitative Interview questions and answers

    Another probability Question Well I will contribute a question :-- Suppose you have a random number generator that generates random numbers between (0,1) with a uniform distribution.... 2 consecutive generations are independant of each other... You generate 2 random numbers x, y from...
  102. pardasani

    New Quantnet members say hi

    Well I would suggest to work more on C++ : for the program specially we use ONLY C++.... personally I dont know any JAVA, andi think if you know one oop language you can easily migrate to any other oop..... I would suggest to have a deeper understanding about C++ ( for instance a second course...
  103. pardasani

    Quantitative Interview questions and answers

    Another guess by me :--2 here is the working... the first thing to realize is that at each odd step the ball is at B or D and at each even step the ball is at A or C.... The ball can be at A only at even time steps -- 2, 4, 6 ...... Lets see the probability of the ball coming back to A at...
  104. pardasani

    Quantitative Interview questions and answers

    I am sure the rule says that the if the digits of the number are dn dn-1 d1 d0 then the sum of the digits must be divisible by 9.... Here is an attempt at the proof :-- Number is dn dn-1 d1 d0 where each of d0 - d9 is between 0 and 9 number = d0 + 10*d1 + 100*d2 + 1000*d3 +...
  105. pardasani

    Quantitative Interview questions and answers

    [U][B] Is the answer the ball stops? Well lets change the reference plane, and sit on the wall.... In the reference plane of the wall, just before impact the ball was travelling towards it with a speed 60mph... Assume no energy gets lost.... Also we are given that the wall is very...
  106. pardasani

    Quantitative Interview questions and answers

    Just realized that the above approach is wrong, and this is the wrong answer !!!!
  107. pardasani

    Quantitative Interview questions and answers

    Is the answer \( \frac{N-1}{N} \) Here is how I approached the problem :-- Let P(N) be the probablity of success when we have N passengers...... Now we have 2 cases :- 1) the first passenger sits on his seat happens with a probability \( \frac{1}{N} \) ----- in this case everybody else will...
  108. pardasani

    Quantitative Interview questions and answers

    Well if the answer is \(16 \pi\) isn't is just pythagoras theorem -- and indeed you cannot find the radii of either circle.... an interesting extension though might be to find the area of the annulus on the side of the division containing the smaller circle -- though my feeling is you will...
  109. pardasani

    Quantitative Interview questions and answers

    so far so good.... I agree with you completely so far.... What I am not sure is how can you treat choosing a, b, c independantly to come up with the answer ?
  110. pardasani

    Quantitative Interview questions and answers

    Well I guess i did not understand the question..... if the question is " what is the probability that it actually rolled 6 " well in that case my pick of answer would be 1/6 assuming a fair die --> for me the actual result of the die and what the man reports you are independant of each other...
  111. pardasani

    Quantitative Interview questions and answers

    Well I dont think its that straight forward.... For starters you did not satify the condition that the sum of the 3 sides add up to 1.... In probablity terms you are using that picking up these lenghts is an independant event, whereas it is not : they are related by a constraint equantion...
  112. pardasani

    Quantitative Interview questions and answers

    4. 3 points are randomly drawn on a circle. What is the probability of them being on the same semi-circle ? Answer: 1/2 or 50% 5. A unit length is broken off into 3 pieces. What is the probability of them forming a triangle ? Answer: 1/8 or 12.5% --> I think there is a slight discreepancy...
  113. pardasani

    The Master Happy Birthday thread

    Many many happy returns of the day man.... hope you have a great year ahead :)
  114. pardasani

    dual boot

    my experience with trying to install linux on my dell were not good at all.... i tried installing suse 9.2 ( i have previously had a dual boot on my desktop) and although linux installed well, my windows partion would not come up and the comp would hang out..... the comp was then under warranty...
  115. pardasani

    Is laptop a must-have item to study in the program?

    well i have used a mac with the boot camp and it rocks!!!... when it boots up it asks you the option to choose windows or mac, something like grub in linux, and the windows programms running well... i played the vlc media player, the age of empires, and microsoft office but no problem at all....
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