Quant Puzzles

Quant Puzzles

Quant Interview Qs #10: Elevator Stops

Problem Tags : Probability, algorithm,summation

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Lohit
Feb 24, 2024
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Consider an elevator system that services n+1 floors of a building, with n being some positive integer. Suppose there are currently k persons occupying the elevator, where k is also a positive integer. Initially, the elevator rests on the first floor. Now suppose each occupant independently selects some specific floor destination at random, with uniform…

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