Problem bank
Problem 14 of 333HardProbabilityP014
Secretary problem
You interview candidates one at a time in random order. After each, you must accept or reject; rejection is final. You only learn the rank of each candidate relative to those seen. What strategy maximizes the probability of choosing the best, and what is that probability?
See the hint and solution with a free account
Every problem on Quant Engine is free, with a hint and a full worked solution. Making an account takes 30 seconds and no card. Then you can see them and track what you have solved.