Borrowed Capacity

← Back to The D. E. Shaw Group Interview Questions

Question

A booking platform has six appointment slots and eight users. All eight want exactly one appointment, and every booking uses one slot. Normally, when everyone has equal priority, six users are chosen uniformly at random and the other two get no appointment.

In a trial, the platform randomly assigns four users to a “priority” treatment and leaves four as controls. The four priority users are served first, each getting an appointment; the two remaining slots are assigned uniformly among the four controls. All users learn whether they got an appointment, and one user's booking necessarily removes a slot available to others.

Compute the trial's treated-minus-control booking-rate difference. Compare it with the change in the average booking rate if the platform rolls out priority access to all eight users, with equal priority ties settled by a uniform lottery. How much of the observed trial difference comes from displacing controls rather than creating additional appointments?

Hint 1

In the trial, priority decides which users fill the fixed six slots. It does not change the number of available slots.

Calculate each group's booking rate from the allocation rule. Then compare both to the 6/8 chance under a single eight-way lottery, both before the trial and if all users have priority.

Check your answer

Join our Newsletter and Receive the Latest Updates!

Main Links

Trade Courses Assessments Interview Prep Contact Us

Social Media

Facebook Instagram YouTube

Legal

Terms and Conditions Privacy Policy Privacy settings

Talent Acquisition

Looking to hire exceptional quant talent?
See how we can help.

© 2026 EverythingQuant. All Rights Reserved.