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You are testing hundreds of hypotheses with many t-tests. What considerations should be made?

What is a key disadvantage of the F-test when compared to multiple t-tests?

What is a key disadvantage of the F-test when compared to multiple t-tests?

Hundreds of Hypotheses

You are testing hundreds of hypotheses with many t-tests. What considerations should be made?

Let’s say that your company is running a standard control and variant AB test on a feature to increase conversion rates on the landing page. The PM checks the results and finds a .04 p-value.

How would you assess the validity of the result?

Experiment Validity

Let’s say you work for a social media company that has just done a launch in a new city. Looking at weekly metrics, you see a slow decrease in the average number of comments per user from January to March in this city.

The company has been consistently growing new users in the city from January to March.

What are some reasons why the average number of comments per user would be decreasing and what metrics would you look into?

What metric could be used to measure if active users are still engaging on the platform despite an overall decrease in the average number of comments per user?

What metric could be used to measure if active users are still engaging on the platform despite an overall decrease in the average number of comments per user?

Decreasing Comments

How would you investigate a decline in the average number of comments per user?

Lazard Salaries by Position

Region Americas Business Unit Asset Management Location New York Job Description Lazard is one of the world's leading financial advisory and asset management firms. Our people make the difference. With just over 3,000 employees, our tight-knit community allows for professionals eager to learn and willing to teach to connect and grow together. We believe that diversity, equity, inclusion, and allyship are not just business imperatives - they are central pillars of our employee experience. Our entrepreneurial culture and flat structure allow creative ideas and original concepts to drive our business forward - and for careers to take flight. We are looking for an experienced Equity Research Analyst for US Industrials to focus on Machinery, Construction, Building Products, Packaging, and Transportation. Teamwork is at the foundation of Lazard Asset Management. The team's disciplined process puts strong emphasis on primary research. The insight generated from the research process is communicated throughout the team and leveraged across LAM's portfolios. Stock picking is based on a disciplined relative valuation process. As an Analyst, our team approach will allow you to benefit from the insight of your peers while being responsible and accountable for your individual insight and contributions to the team and portfolios. We'll trust you to: <ul><li>Develop primary research sources among industry contacts, customers, suppliers and competitors of the companies you are researching</li><li>Conduct fundamental research and analyze the financials of the companies you cover</li><li>Build and maintain valuation models and comparable company analysis</li><li>Quantify the risk/reward and timeliness of investment ideas</li><li>Analyze sector, currency, political, and regulatory risks</li><li>Demonstrate passion for and distinguished knowledge of your sector</li></ul> You'll need to have: <ul><li>10-15 years' experience as an equity research analyst on the buy or sell sides</li><li>At least 7 years of experience covering Machinery, Construction, Building Products, Packaging, and Transportation names within US Industrials sector</li><li>Exceptional financial modeling and fundamental analysis abilities</li><li>A detailed, systematic and thematic approach to conducting research</li><li>Excellent interpersonal, communication and relationship-building skills</li><li>Expert understanding of the Industrials sector and its attributed risk factors and dependencies</li><li>Desire to improve and contribute to our Equity research platform</li></ul> What we offer We strive to enhance the total health and well-being of our employees through comprehensive, competitive benefits. Our goal is to offer a highly individualized employee experience that enables you to balance your commitments to career, family, and community. When you work for Lazard, you are working for an organization that cares about your unique talents and passions, and will continue to invest in the development of your career. We expect the base salary range for this role to be approximately 170,000 - 200,000 USD. Various factors contribute to determining the actual base compensation offered, including but not limited to the applicant's years of relevant experience, career tenure, qualifications, level of education attained, certifications or other professional licenses held, relevant skills for the role. Base salary is one component of Lazard Asset Management's compensation package, which also includes comprehensive benefits and may include incentive compensation. Does this sound like you? Apply! We'll get in touch on the next steps. Inclusion at Lazard Lazard is an intellectual capital business focused on delivering the best advice and solutions to clients. Achieving these objectives requires us to identify, develop and retain the best talent. A workforce comprised of people with varied backgrounds and experiences creates a rich diversity of thought that empowers us to challenge conventional wisdom, as diverse perspectives lead to better decisions. Our appreciation of diversity's strength is ingrained in our multicultural heritage. As a global firm that has grown organically from local roots in different countries, we have a deep tradition of respect for individual differences, which has been core to our success for 175 years. The ongoing cultivation of an inclusive culture are essential to our continued growth. We are committed to sustaining an environment in which all employees - regardless of socioeconomic status, race, ethnicity, nationality, religion, gender, gender expression, sexual orientation, physical abilities, veteran or military status - can maximize their individual potential, as well as our collective success. #LI-CH1

Region Americas Business Unit Asset Management Location New York Job Description Lazard Asset Management operates from 18 cities across 13 countries. Our investment personnel manage US $222.4 billion across a wide range of global, regional and country-specific strategies - both traditional and alternative - in listed equity and fixed income. At Lazard Asset Management, we pride ourselves in balancing the feel of a small firm with the scale of a large global organization. Our entrepreneurial culture and flat management structure foster an environment in which good ideas can take flight, no matter where they come from. Lazard Asset Management (LAM) Technology is looking for Sales Technology Business Analyst with an understanding of the asset management industry. As a valued member of our Sales and Marketing Technology team, you will interface with the Sales Technology Development Team and our internal groups to develop, refine and deliver features and solutions for Salesforce Sales Cloud and related sales data systems. We're looking for a highly motivated, organized and experienced Analyst who takes pride in their work, and develops clear, complete and properly documented requirements in an iterative and collaborative process with our business partners. We'll trust you to: <ul><li>Work with business Product Owners to develop and refine business requirements</li><li>Provide guidance and feedback to IT and Product Owner on scoping and effort estimation</li><li>Provide guidance for Prioritization of initiatives</li><li>Opine with conviction on system interdependencies and change impact</li><li>Lend your expertise during solutioning discussions with Technical Leads and Product Owner</li><li>Document and diagram platform process and data flows</li><li>Provide Use Case analysis</li><li>Communicate technical and non-technical concepts simply and clearly, regardless of medium or audience</li></ul> You'll need to have: <ul><li>5 or more years of experience in a Business Analyst and product interfacing role</li><li>2 or more years of experience working with and integrating Salesforce with external data platforms</li><li>Business Analysis Experience with</li><li>A Salesforce Administrator certification desired</li></ul> Does this sound like you? Apply! We'll get in touch on next steps. We expect the base salary range for this role to be approximately 150,000 - 190,000 USD. Various factors contribute to determining the actual base compensation offered, including but not limited to the applicant's years of relevant experience, career tenure, qualifications, level of education attained, certifications or other professional licenses held, relevant skills for the role. Base salary is one component of Lazard Asset Management's compensation package, which also includes comprehensive benefits and may include incentive compensation. Inclusion at Lazard Lazard is an intellectual capital business focused on delivering the best advice and solutions to clients. Achieving these objectives requires us to identify, develop and retain the best talent. A workforce comprised of people with varied backgrounds and experiences creates a rich diversity of thought that empowers us to challenge conventional wisdom, as diverse perspectives lead to better decisions. Our appreciation of diversity's strength is ingrained in our multicultural heritage. As a global firm that has grown organically from local roots in different countries, we have a deep tradition of respect for individual differences, which has been core to our success for 175 years. The ongoing cultivation of an inclusive culture are essential to our continued growth. We are committed to sustaining an environment in which all employees - regardless of socioeconomic status, race, ethnicity, nationality, religion, gender, gender expression, sexual orientation, physical abilities, veteran or military status - can maximize their individual potential, as well as our collective success.

Lazard Interview Questions

Lazard Interview Guides

Lazard Interview Questions

Lazard Salaries by Position

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