I applied through university. The process took 1 day. I interviewed at Capital One (Dallas, TX) in Nov 2013
Interview
There are four cases: 1 statistics, 2 business, 1 behavior. The statistics case is about multiple linear regression and ANOVA, I think I bombed this one cause I don't rememer anything about ANOVA except what it stands for. In the business cases, there are questions about conditional probability, auto loan, and credit card business.
I applied online. The process took 1+ week. I interviewed at Capital One (McLean, VA) in Mar 2014
Interview
Applied online on their website and received the phone screen interview inform two days later. The interview is about explaining several statistical definitions based on a given situation. The questions are like what other people had said, p-value, hypothesis test, multicollinearity, etc. No behavioral questions, just technical questions based on real-world problems. My advice of preparations is that thoroughly understand about the definitions and how to apply those techniques to practical problems, because the questions really go through details and you need to explain them to someone who only has basic statistic knowledge. The interviewer was really nice. I received the on-site interview inform three hours after the phone screen. Good luck to both you and me!
Interview questions [1]
Question 1
Go through details about a consulting procedure of a university fund-raising campaign.