What are lag features in a time-series model?
PICTURE THIS: HOW TO EXPLAIN IT
Simple meaning
Lag features are past values of the series or of covariates, such as yesterday's demand or last week's price.
WHY — Time Series instead of guessing?
Why interviewers care about Time Series:
people who only read docs from people who shipped.
and tied to Data Science work.
Name the idea, why it exists, then one short example.
End with when you use it and one common pitfall.
STEPS — What happens step by step?
Before you speak the answer, walk the interviewer through these steps:
- 1Lag features are past
values of the series or of covariates, such as yesterday's demand or last week's price.
- 2They let a tabular
model capture short-run autocorrelation.
- 3Using lags from the
future, or from the same timestamp as the target, is leakage.
- 4Give an example
One tiny concrete case you can say aloud.
- 5Common mistake
What juniors usually get wrong.
- 6Close
When you pick this over the alternative.
EXAMPLE — See it in action
Here's a short line you can speak, broken into clear beats:
Note: Adapt this scaffold to your own project — keep it under 60–90 seconds.
Key takeaway
Lag features are past values of the series or of covariates, such as yesterday's demand or last week's price. They let a tabular model capture short-run autocorrelation.