Monk Automation Business Analyst Interview Questions and Answers

Choosing between two car varieties based on various costs

• Consider upfront costs such as purchase price and financing options

• Factor in ongoing costs such as fuel efficiency and maintenance

• Evaluate potential resale value

• Compare insurance rates

• Consider any additional features or benefits of each car

• Make a decision based on overall cost-effectiveness and personal preferences

Choosing between in-branch and out-branch ATM's based on various parameters

• Consider the location and accessibility of the ATM

• Analyze the cost of installation and maintenance

• Evaluate the security measures in place

• Assess the customer demand and usage patterns

• Factor in the availability of other banking services at the branch

• Out-branch ATMs may be more cost-effective but in-branch ATMs offer better customer experience

Phone calls are more effective for Capital One's marketing strategy.

• Phone calls allow for immediate feedback and personalized communication.

• Letters may be ignored or lost in the mail.

• Capital One can track phone call success rates and adjust their strategy accordingly.

• Phone calls can also be used to cross-sell and upsell products.

• Letters may be more appropriate for certain types of communication, such as legal notices o

I sought help from my peers when I faced a complex data analysis problem.

• I explained the problem to my peers and asked for their suggestions.

• We brainstormed and discussed various approaches to solve the problem.

• One of my peers suggested a new tool that could simplify the analysis process.

• I tried the tool and it worked perfectly, saving me a lot of time and effort.

• The outcome was a successful completion of the project w

Overcoming an obstacle in a project

• During a software development project, we faced a challenge with integrating a third-party API

• I researched and found a workaround by using a different API that provided similar functionality

• I presented the solution to the team and we implemented it successfully

• The outcome was that we were able to deliver the project on time and within budget

I learned about agile methodology for a project

• Attended a training session on agile methodology

• Implemented agile methodology in a project

• Learned about sprints, backlogs, and daily stand-up meetings

• Improved project efficiency and communication with team members

To determine profitability between monthly and daily bus membership, conduct a cost-benefit analysis.

• Gather data on the cost of monthly and daily bus passes

• Determine the frequency of usage for each pass type

• Calculate the total cost of using each pass type over a given period

• Compare the costs to the benefits of each pass type, such as convenience and flexibility

• Consider external factors, such as the availability of park...read more