bugfree Icon
interview-course
interview-course
interview-course
interview-course
interview-course
interview-course
interview-course
interview-course

Data Interview Question

bugfree Icon

Hello, I am bugfree Assistant. Feel free to ask me for any question related to this problem

Requirements Clarification & Assessment

  1. Understanding the Objective:

    • The primary goal is to predict the optimal bid for a new, previously unseen keyword using a dataset comprising keywords and their corresponding bid prices.
  2. Dataset Characteristics:

    • Two columns: Keywords and Prices.
    • Potentially large dataset with millions of entries.
  3. Clarifying Questions:

    • What is the business value of optimizing these bids? Is it to maximize ROI or maintain a competitive position?
    • How often do keywords and their bid values change? Is the data static or dynamic?
    • Are there any benchmarks or previous models for comparison?
    • Is there a need for real-time predictions, or can they be batch processed?
  4. Constraints and Considerations:

    • The model should handle a large volume of data efficiently.
    • Keyword data is textual, requiring text processing techniques.
    • The model should be adaptable to changes in keyword popularity and pricing trends.