Its relevant to what I stated, that interpreting the data that traceroute provides is not simple. The mechanism itself is indeed very simple.
Have you never been asked a question in an interview that starts a discussion or has follow up questions? In isolation its not a good question, true for most questions, but to initiate something deeper its good. After the initial explanation of how it works you can get into how you have used it, what kind of issues you have solved with it. Then maybe look at an actual case and give your interpretation of the data. You could get into router hardware architectures, what the control/data planes are, why some drops in the output are not a problem and when they are, ECMP, why bidirectional traceroutes are useful, routing topology, flapping routes, etc.
Have you never been asked a question in an interview that starts a discussion or has follow up questions? In isolation its not a good question, true for most questions, but to initiate something deeper its good. After the initial explanation of how it works you can get into how you have used it, what kind of issues you have solved with it. Then maybe look at an actual case and give your interpretation of the data. You could get into router hardware architectures, what the control/data planes are, why some drops in the output are not a problem and when they are, ECMP, why bidirectional traceroutes are useful, routing topology, flapping routes, etc.