The 25 Horses - Quant Trader Interview Question
Difficulty: Hard
Category: Brainteasers
Practice quant interview questions from top firms including Jane Street, Citadel, Two Sigma, DE Shaw, and other leading quantitative finance companies.
Topics: sorting, algorithms, optimization
Problem Description
You need to identify the top performing assets in a high-frequency environment. You have 25 "horses" and a track that can race only 5 horses at a time. You do not have a stopwatch (you only know the relative order of finish 1st through 5th).
What is the minimum number of races required to identify the fastest 3 horses?
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