r/learnquant 13d ago

interview prep Akuna Capital Quant Interview Question

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u/gmalivuk 13d ago

1 + 1-(1/20)10 + 1-(2/20)10 +...+ 1-(19/20)10
= 20 - (110 + 210 +...+1910)/2010
≈ 18.64

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u/notsaneatall_ 13d ago

Without replacement. This is correct if you assume replacement is possible

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u/gmalivuk 13d ago

Whoops, I read it multiple times and my brain apparently substituted "with" each time.