Find Interview Questions for Knack systems

Right Answer:
Supervised learning uses labeled data to train models, meaning the output is known, while unsupervised learning uses unlabeled data, where the model tries to find patterns or groupings without predefined outcomes.

Right Answer:
Clustering in data analysis is the process of grouping similar data points together based on their characteristics, without prior labels. It is an unsupervised learning technique. In contrast, classification involves assigning predefined labels to data points based on their features, using a supervised learning approach.

Right Answer:
The different types of data distributions include:

1. Normal Distribution
2. Binomial Distribution
3. Poisson Distribution
4. Uniform Distribution
5. Exponential Distribution
6. Log-Normal Distribution
7. Geometric Distribution
8. Beta Distribution
9. Chi-Squared Distribution
10. Student's t-Distribution

Right Answer:
Classification analysis is a data analysis technique used to categorize data into predefined classes or groups. It works by using algorithms to learn from a training dataset, where the outcomes are known, and then applying this learned model to classify new, unseen data based on its features. Common algorithms include decision trees, logistic regression, and support vector machines.

Right Answer:
Outliers are data points that significantly differ from the rest of the dataset. They can skew results and affect statistical analyses. To handle outliers, you can:

1. Identify them using methods like the IQR (Interquartile Range) or Z-scores.
2. Remove them if they are errors or irrelevant.
3. Transform them using techniques like log transformation.
4. Use robust statistical methods that are less affected by outliers.
5. Analyze them separately if they provide valuable insights.

Right Answer:
The common status codes in HTTP responses are:

- **200**: OK
- **201**: Created
- **204**: No Content
- **400**: Bad Request
- **401**: Unauthorized
- **403**: Forbidden
- **404**: Not Found
- **500**: Internal Server Error
- **502**: Bad Gateway
- **503**: Service Unavailable

Right Answer:
JSON (JavaScript Object Notation) is a lightweight data interchange format that is easy for humans to read and write, and easy for machines to parse and generate. In APIs, JSON is commonly used to format data exchanged between a client and a server, allowing for structured data representation in requests and responses.

Right Answer:
GET is used to retrieve data from a server, POST is used to send data to a server to create a resource, PUT is used to update an existing resource on the server, and DELETE is used to remove a resource from the server.

Right Answer:
CORS, or Cross-Origin Resource Sharing, is a security feature implemented by web browsers that allows or restricts web applications from making requests to a domain different from the one that served the web page. It affects API development by requiring developers to configure their APIs to specify which origins are allowed to access their resources, ensuring that only trusted domains can interact with the API.

Right Answer:
OAuth is an open standard for access delegation commonly used for token-based authentication and authorization. It allows third-party applications to access a user's resources without sharing their credentials.

In API authentication, OAuth works by having the user authorize the application to access their data. The process involves:

1. The user is redirected to an authorization server to log in and grant permission.
2. The authorization server issues an access token to the application.
3. The application uses this access token to make API requests on behalf of the user.
4. The API validates the token and grants access to the requested resources.

Right Answer:
Electrical and mechanical systems are interconnected; electrical energy can be converted into mechanical energy (like in motors), and mechanical systems can generate electrical energy (like in generators).

Right Answer:
In my previous job, I had to manage multiple projects with tight deadlines. I created a prioritized to-do list, allocated specific time blocks for each task, and used project management tools to track progress. I communicated regularly with my team to delegate tasks and ensure everyone was aligned. As a result, we completed all projects on time, and the quality of work exceeded client expectations.

Right Answer:
Offering a financing option can attract more customers by making the luxury car more affordable, potentially increasing sales. It can also enhance customer loyalty and improve cash flow for the manufacturer. However, it's important to assess the risks of default and ensure that the financing terms are favorable for both the company and the customers.

Right Answer:
The revenue potential of a new pharmaceutical product is influenced by factors such as market demand, pricing strategy, competition, regulatory approval, patent protection, marketing effectiveness, target patient population, distribution channels, and reimbursement policies.

Right Answer:
I would invest a significant portion in diverse assets for long-term growth, allocate funds for philanthropic initiatives to address social issues, and set aside some for personal and family needs.