Find Interview Questions for Kraken digital asset exchange

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:
REST (Representational State Transfer) is an architectural style that uses standard HTTP methods and is typically more lightweight and easier to use, while SOAP (Simple Object Access Protocol) is a protocol that relies on XML for message format and has strict standards for security and transactions. REST is generally more flexible and faster, while SOAP is more suited for enterprise-level services requiring high security and reliability.

Right Answer:
An API endpoint is a specific URL or URI where an API can be accessed by a client to perform operations like retrieving or sending data. It defines the location and method (such as GET, POST) for interacting with the API.

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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:
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:
An engine works by converting fuel into energy through combustion. In a typical internal combustion engine, air and fuel mix, are compressed, and ignited, causing an explosion that pushes pistons. These pistons turn the crankshaft, which ultimately powers the vehicle.

Right Answer:
A. 101

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:
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:
1. Remove duplicates
2. Handle missing values
3. Correct inconsistencies
4. Standardize formats
5. Filter out irrelevant data
6. Validate data accuracy
7. Normalize data if necessary

Right Answer:
A hypothesis is a specific, testable prediction about the relationship between two or more variables. To test a hypothesis, you can use the following steps:

1. **Formulate the Hypothesis**: Clearly define the null hypothesis (no effect or relationship) and the alternative hypothesis (there is an effect or relationship).
2. **Collect Data**: Gather relevant data through experiments, surveys, or observational studies.
3. **Analyze Data**: Use statistical methods to analyze the data and determine if there is enough evidence to reject the null hypothesis.
4. **Draw Conclusions**: Based on the analysis, conclude whether the hypothesis is supported or not, and report the findings.

Right Answer:
SQL (Structured Query Language) is used in data analysis to query, manipulate, and manage data stored in relational databases. It allows analysts to retrieve specific data, perform calculations, filter results, and aggregate information to derive insights from large datasets.

Right Answer:
Oracle is a powerful, enterprise-level relational database management system (RDBMS) designed for large-scale applications with high performance and scalability, while Microsoft Access is a desktop database application suitable for small to medium-sized applications, offering a user-friendly interface but limited scalability and performance compared to Oracle.

Right Answer:
```sql
SELECT AVG(column_name) AS average_value FROM table_name;
```

Right Answer:
React Context is a feature that allows you to share values (like state or functions) between components without having to pass props down manually through every level of the component tree. It provides a way to create global variables that can be accessed by any component within the Context Provider.