Yeah... Have actual machine learning experience as well, never heard the term leverage as applied here. Sometimes the nomenclature can confuse people, and I guess the original point about more in depth interviewing processes was related to discerning whether the fundamental knowledge and team fit are there, not whether the candidate is aware of the particular subset of CS trivia the interviewer is currently interested in. I say this while admiting that I've made this mistake in the past while interviewing candidates for CS positions...
This is similar to "multicollinearity". I have two graduate degrees in applied statistics and machine learning, and did math as an undergrad, but I did not ever even hear the term "multicollinearity" until I got my first job after grad school in a place that used a lot of regression models.
I had studied "spurious correlation" in some machine learning courses and in some research, but almost all of the methods I ever studied or worked on were meant to use data-driven methods to account for spurious correlation, or dimensionality reduction to find subspaces in which the data's natural structure was best preserved without correlation-caused redundancy. Literally none of them ever even mentioned the phrase "multicollinearity" -- which seems to be more popular to people coming from classical statistics or econometrics programs.
If I had been asked to describe "what is multicollinearity" during the interviews, I would have been rejected, yet after they told it to me, I learned about it in about 2 hours on Wikipedia, and within two months I had actually done a research project for them where I showed them how you could use ISOMAP or randomized PCA to effectively handle regression multicollinearity better than their ad hoc covariate-averaging techniques.
This kind of trivia stuff is useless for hiring. All it does is let the interviewer feel smart and tout their favorite particular buzzwords to see if the candidate is in the same "club" as them.
I can imagine some diehard frequentist caring a shit ton about "consistent estimator" or various special tests like Kolmogorov-Smirnoff or F-test or likelihood ratio test. If you say, "I always do Bayesian stats... those test thingies are stupid junk" then it means "This person is not in the Frequentist Club, let's reject their lame ass and tell them it's cause they are 'just not a good fit.'"
Same would be true in reverse if some Bayesian diehard interviews a frequentist person.
Same for someone who sees deep learning as the hammer for every nail. Etc. etc.
People don't want to admit they treat these things kind of like baseball trading cards, and it's more about your cool-kid status than your actual tech skill.
However, if you ping me on my profile email after I put up a job on Who's Hiring, and I send you back an email saying "hey, can you answer these few filter questions, take your time" and one of them is "what is multicollinearity", chances are you'll google it and tell me what you typed above and it will be fine. It's not like you can't use Google or take your time.
What I'm dealing with is people who are dumping their CV and a standard cover letter on me at high frequency and I do not want to put an HR filter between them and me, because I want to spot the guy without a LinkedIn profile (HR red flag), who dropped out of college (so no brand - HR red flag) but has plenty of useful experience (so no buzzwords, because real experience looks unremarkable on a CV - HR red flag). I know no more efficient way. Would love to hear of any.
I did make the mistake many years ago of rejecting a PhD in stats because she admitted not knowing about neural nets ("but my lab buddy is doing some research in them"). I'm still kicking myself, but have learnt a bit about hiring since then.
By way of example, I do not have a LinkedIn profile, and I left a Ph.D. program with a master's only. Though my degrees are from pestigious schools, I don't think school status should count for as much as it does.
I am lucky that the prestige of my schools is high, that you can easily Google some of the actual research work I did, and that I am very highly ranked on Stack Overflow.
If I didn't have those, I think more employers would simply reject me for not having a LinkedIn account, because employers use the dumbest shit (like LinkedIn) as hiring cues.
