← Capital One Interview Insights
Start by clarifying the data structure and business context, then outline a structured statistical workflow: exploratory analysis, feature engineering, model selection, validation, and interpretation. Emphasize causal inference considerations and how you would translate statistical findings into actionable business insights.
Pro tip: Mention that correlation does not imply causation and propose using causal methods like propensity score matching or instrumental variables to strengthen causal claims. Also, highlight the importance of segmenting delays by airport, carrier, and time to uncover heterogeneous effects.
Ask clarifying questions about data granularity, available features, and the definition of 'delay'. Establish the target variable (e.g., delay minutes, binary delay indicator) and the business goal (e.g., reduce delays, improve customer satisfaction).
Perform EDA to identify patterns, outliers, and missing data. Engineer relevant features such as time of day, day of week, weather indicators, airport congestion, carrier, and aircraft type. Check for multicollinearity and interactions.
Choose appropriate models based on the target: linear regression for continuous delay minutes, logistic regression for binary delay, or tree-based models for non-linear relationships. Use hypothesis tests (e.g., t-tests, chi-square) for initial factor screening. Consider causal inference methods if interested in causal effects.
Split data into training and validation sets (or use cross-validation). Evaluate model performance using metrics like RMSE, AUC, or accuracy. Check for overfitting, perform sensitivity analysis, and validate assumptions (e.g., linearity, independence). Use holdout data or time-based validation if temporal.
Interpret model coefficients or feature importances to identify key drivers. Quantify the impact of each factor (e.g., odds ratios, marginal effects). Translate findings into actionable recommendations, such as targeting specific airports or times, and discuss limitations and next steps.
AI-generated suggestions, not part of the candidate's original notes. May be inaccurate — verify before relying on them.