500+ quant interview questions for Jane Street, Citadel, Two Sigma, DE Shaw, and other top quantitative finance firms.
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Statistical analysis and quantitative modeling problems
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Difficulty: Medium
Category: statistical_analysis
Practice quant interview questions from top firms including Jane Street, Citadel, Two Sigma, DE Shaw, and other leading quantitative finance companies.
Topics: hypothesis_testing, statistics, p_value, bonferroni
Testing multiple trading strategies simultaneously increases the probability of identifying false positives, a phenomenon known as the multiple comparisons problem. The Bonferroni correction addresses this by adjusting the significance level to control the Family-Wise Error Rate (FWER) across the set of hypotheses. This statistical rigor is essential in quantitative research to distinguish true alpha from random noise. Task Implement a function solution(strategy_returns, alpha) that evaluates t
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