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Squarepoint·Software Engineer·Online Assessment (OA)·Intermediate

Intermediate
May 2026

Summary

Squarepoint OA for a software engineer role, two coding problems. Nothing too wild but the second one had some annoying edge cases I didn't fully think through until after I submitted.

Questions Asked (2)

Q1

You have an array representing inventory counts for n products. Selling one unit of product i earns revenue equal to its current stock level, then the stock drops by one. Given m total customers each buying exactly one unit, figure out which products to sell to which customers to maximize total revenue.

Algorithms & Data Structures
Author's notes

Greedy with a max-heap, pretty much.

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AI HintsAI Generated

Suggested Approach

Recognize that the revenue from selling a unit of product i depends only on its current stock, and since each sale reduces the stock by one, the optimal strategy is to always sell the product with the highest current stock. This greedy approach can be implemented efficiently using a max-heap, repeatedly extracting the maximum, adding it to revenue, decrementing it, and reinserting if still positive. Alternatively, sort the array and compute the sum of the largest m elements after accounting for the decrements, which can be derived by sorting and using a formula.

Pro tip: Mention that the greedy choice is optimal because the marginal revenue of selling a unit is exactly the current stock, and selling a higher-stock product never reduces future options compared to selling a lower-stock product. Also, note that if m is large, a heap-based simulation is O((n+m) log n), but a sorting-based approach can be O(n log n + m) by processing sorted stocks in descending order and using arithmetic series for bulk sales.

1. Understand the problem and revenue function

Clarify that each sale of product i yields revenue equal to its current stock, then stock decreases by 1. We need to choose m sales (with repetition allowed) to maximize total revenue.

2. Identify greedy strategy

Argue that to maximize revenue, we should always sell the product with the highest current stock, because the marginal gain is highest and selling it reduces its stock, which may allow other products to be sold later.

3. Prove optimality

Use an exchange argument: if an optimal solution sells a lower-stock product while a higher-stock product is available, swapping the sale to the higher-stock product increases or maintains revenue without reducing future potential.

4. Design efficient algorithm

Use a max-heap to simulate the process: extract max, add to revenue, decrement, and reinsert if >0. Repeat m times. Alternatively, sort the array descending and compute the sum of the largest m elements after accounting for decrements via a formula.

5. Analyze complexity and edge cases

Heap approach: O((n+m) log n) time, O(n) space. Sorting approach: O(n log n + m) time if using arithmetic series. Handle cases where m exceeds total stock (sell all until zero) and when stocks are zero.

Key Points to Mention

  • Greedy choice property: always pick the product with the maximum current stock.
  • Exchange argument for optimality: swapping a lower-stock sale for a higher-stock sale never hurts.
  • Max-heap implementation for efficient simulation.
  • Sorting-based alternative: sort descending, then for each product, sell min(stock, remaining) units, but revenue is sum of arithmetic series from stock down to stock - k + 1.
  • Time and space complexity analysis: heap O((n+m) log n) vs sorting O(n log n + m).
  • Edge cases: m larger than total inventory, multiple products with same stock, zero stock products.

AI-generated suggestions, not part of the candidate's original notes. May be inaccurate — verify before relying on them.

Q2

Given a string of text, count word frequencies where words are defined as maximal sequences of letters only (non-letter characters act as separators) and the comparison is case-insensitive. Return up to 3 distinct words sorted by descending frequency, with ties broken alphabetically.

Algorithms & Data Structures
Author's notes

The parsing tripped me up more than I expected.

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AI HintsAI Generated

Suggested Approach

Clarify the requirements and edge cases, then propose an efficient solution using a hash map to count frequencies after normalizing case and extracting words via regex or manual parsing. Sort the entries by frequency descending and word ascending, then return the top 3. Discuss time and space complexity.

Pro tip: Mention that you would use a regex like \[A-Za-z\]+ to extract words, but also discuss a manual parsing approach to show you understand the underlying mechanics. This demonstrates both practical knowledge and depth.

1. Clarify requirements and edge cases

Ask about input size, character set, handling of empty strings, and whether words are case-insensitive. Confirm that non-letter characters are separators and that only distinct words are considered.

2. Choose data structures and algorithm

Use a hash map to count frequencies. Extract words by iterating through the string and building words from consecutive letters, or use a regex. Normalize case by converting to lowercase.

3. Implement counting and sorting

Populate the frequency map, then convert to a list of entries. Sort by frequency descending, and for ties, sort alphabetically ascending.

4. Return top results and analyze complexity

Take the first up to 3 entries. State time complexity O(n + m log m) where n is string length and m is number of distinct words, and space complexity O(m).

Key Points to Mention

  • Case-insensitive comparison: convert all words to lowercase before counting.
  • Word definition: maximal sequences of letters; non-letters are separators.
  • Efficient extraction: use regex or manual parsing with a StringBuilder.
  • Sorting: sort by frequency descending, then alphabetically for ties.
  • Handling edge cases: empty string, no words, fewer than 3 distinct words.
  • Complexity analysis: time and space, and potential optimizations like using a heap for top-k.

AI-generated suggestions, not part of the candidate's original notes. May be inaccurate — verify before relying on them.