Ask about a few basic concepts, i.e hypothesis test, p-value, confidence interval, generalized linear model, multicollinearity. Tell about some of your experience shows that you are able to communicate with people who don't know much about statistics. Then they ask me if I have a data set with hundreds of variables, how to construct the model, how to select these variables.
First round is a business case interview. Most of these will be break even profit questions. The online case on Capital One's website was helpful. The second round involves going to their campus and having a behavioral interview as well as 2-3 case interviews. The case interviews are longer but you are allowed to use your own calculator.
Interview questions [1]
Question 1
I can't remember the questions that well because it was very long. These cases are very quantitative in nature so prepared to do a lot of calculations. The key is to be very organized about recording numbers and doing calculations.
I applied online. The process took 4 weeks. I interviewed at Capital One (Richmond, VA) in May 2013
Interview
Very well-planned phone and on-site interviews. Phone interview is some usual questions, for example, to explain things. On-site is consist of four 45-minute sessions, in which you have two case studies, one to explain the pros and cons of a (logistic) regression model, and another behavioral interview.
Interview questions [1]
Question 1
In behavioral interview, I was asked what did I do to adjust myself to the changing goal of the team. It's a rare situation for me, so its's quite difficult.