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Baseline Model for Merchant Loans

HardSystem Design00:00
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Your question is Baseline Model for Merchant Loans. Take a moment with it on the right.

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Problem

Design a baseline model that recommends small loan products to Shopify merchants (decide whether to recommend a loan to a given merchant) when there is no labeled training data; how would you collect data?

Asked in the Onsite ML system design stage. The interviewer was from the Shopify fraud team, and reported follow-ups focused on how to collect data and labels.