The linear scan approach came to me pretty fast, track the running minimum and compute profit at each step.
Start by clarifying the problem constraints and edge cases, then propose a brute-force solution before optimizing to a single-pass O(n) approach that tracks the minimum price seen so far and the maximum profit. Explain the trade-offs between time and space complexity, and walk through a concrete example to validate the solution.
Pro tip: Mention that you can solve it in one pass without extra space, and discuss how you'd handle edge cases like decreasing prices or empty arrays—this shows you think about robustness and efficiency, which interviewers value.
Ask about input size, whether prices can be negative or zero, and confirm that buy must occur before sell. Discuss what to return if no profit is possible (e.g., 0 or -1).
Describe the O(n^2) solution of checking every buy-sell pair, and note its inefficiency for large inputs. This sets the stage for optimization.
Explain that you can track the minimum price seen so far and compute the profit if selling today. Update the maximum profit accordingly, achieving O(n) time and O(1) space.
Use a sample array like [7,1,5,3,6,4] to demonstrate the algorithm, and test edge cases such as strictly decreasing prices or a single-element array.
Compare the brute-force and optimal solutions in terms of time and space complexity. Mention variations like multiple transactions or allowing short selling if relevant.
AI-generated suggestions, not part of the candidate's original notes. May be inaccurate — verify before relying on them.
Clarify that both transactions are mandatory and non-overlapping, then present an O(n) dynamic programming solution using four state variables: first buy, first sell, second buy, second sell. Walk through the state transitions and explain how initializing the second buy/sell to negative infinity enforces the requirement that both transactions occur.
Pro tip: Emphasize that the mandatory nature of both transactions is the key twist—many candidates incorrectly allow skipping the second transaction. Show how initializing secondBuy and secondSell to -Infinity naturally enforces this constraint without extra checks.
Confirm that both transactions are required and cannot overlap, and discuss edge cases like fewer than 4 prices or all decreasing prices where the answer may be negative.
Define four states: firstBuy (max profit after first buy), firstSell (max profit after first sell), secondBuy (max profit after second buy), secondSell (max profit after second sell).
For each price p, update: firstBuy = max(firstBuy, -p); firstSell = max(firstSell, firstBuy + p); secondBuy = max(secondBuy, firstSell - p); secondSell = max(secondSell, secondBuy + p).
Set firstBuy and firstSell to -Infinity, secondBuy and secondSell to -Infinity, and update in order for each price. This ensures both transactions are completed.
Return secondSell as the maximum combined profit. Explain that the algorithm runs in O(n) time and O(1) space, and discuss trade-offs versus a divide-and-conquer approach.
AI-generated suggestions, not part of the candidate's original notes. May be inaccurate — verify before relying on them.