10+ Monte Carlo Interview Questions and Answers

Joins are used to combine rows from two or more tables based on a related column between them.

• Types of joins include INNER JOIN, LEFT JOIN, RIGHT JOIN, and FULL JOIN

• INNER JOIN returns rows when there is at least one match in both tables

• LEFT JOIN returns all rows from the left table and the matched rows from the right table

• RIGHT JOIN returns all rows from the right table and the matched rows from the left table

• FULL JOIN returns rows when there is a match in one of the tables

To add a date table in Power BI, you can create a new table with a list of dates and relationships with other tables.

• Create a new table in Power BI with a list of dates

• Add columns for day, month, year, etc. for additional analysis

• Establish relationships between the date table and other tables in the data model

Privacy issues encountered include data breaches, unauthorized access, and lack of transparency.

• Data breaches resulting in exposure of personal information

• Unauthorized access to sensitive data by employees or hackers

• Lack of transparency in data collection and usage

• Difficulty in obtaining consent for data sharing

• Challenges in ensuring data accuracy and security

• Potential for discrimination based on collected data

• Issues with data retention and disposal

• Concerns with third-party d...read more

Acceptance criteria and Definition of Done are two different things that are used to measure the success of a project.

• Acceptance criteria are the conditions that a product or service must meet to be accepted by the customer or stakeholder.

• Definition of Done is a checklist of all the tasks that must be completed before a project can be considered complete.

• Acceptance criteria are used to determine whether a product or service meets the customer's needs and expectations.

• Definiti...read more

I prioritize tasks, communicate with stakeholders, and adjust timelines as needed.

• Prioritize tasks based on importance and impact on project goals

• Communicate with stakeholders about the situation and potential impact on deadlines

• Adjust timelines by reevaluating priorities and resources available

• Seek input from team members to identify potential solutions or adjustments

• Example: If a feature takes longer to develop than initially estimated, I may reprioritize other tasks or all...read more

Scrum is an agile framework for managing and completing complex projects.

• Scrum helps teams to work collaboratively and deliver high-quality products in a timely manner.

• It emphasizes on iterative and incremental development, continuous improvement, and customer feedback.

• Scrum consists of three roles: Product Owner, Scrum Master, and Development Team.

• It also includes four ceremonies: Sprint Planning, Daily Scrum, Sprint Review, and Sprint Retrospective.

• Scrum uses artifacts such...read more

Implemented AGILE methodology in developing a mobile application

• Used Scrum framework to divide work into sprints

• Held daily stand-up meetings to discuss progress and roadblocks

• Prioritized backlog items based on customer feedback

• Conducted sprint reviews and retrospectives to continuously improve

• Delivered a functional and user-friendly mobile app on time and within budget

Expected CTC and shift timing are negotiable based on job requirements and responsibilities.

• Expected CTC is based on industry standards, company budget, and candidate's experience.

• Shift timing flexibility depends on project deadlines, team collaboration, and stakeholder availability.

• Open to discussing CTC and shift timing during the negotiation phase.

This question seems unrelated to the Claims Analyst position and may require clarification.

• Ask for clarification on the question's relevance to the job

• Ask for more information on what '11' and '3 stick' refer to

• Attempt to solve the puzzle if it is indeed a riddle