Find the Success Probability of Bold Betting
Company: SIG (Susquehanna)
Role: Data Scientist
Category: Statistics & Math
Difficulty: easy
Interview Round: Online Assessment
Overview: Calculate the chance of reaching five tokens before ruin under a bold, state-dependent betting rule. The solution enumerates the transitions, sets absorbing boundaries, solves the four-state recurrence for win probability one-third, and obtains 15/77 from an initial fortune of two.
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