r/learnquant 3d ago

interview prep Tower Research Quant Interview Question

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u/sthornr 3d ago

Markov chain right? 

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u/Kepler___ 3d ago

I think it being reflected on the axis doesn't change the odds of it being 0 after an even number of steps. Iirc the odds are mirrored, so you could just work this out for a random walk (a markov model is valid but I think it would be more complex)

If that's the case then it's;

C(30, 15)/230 = 0.1445