[hnfong]

You people are so bent on arguing the unarguable that the arguments are so unnecessarily argumentative.

The interviewer and the hiring company does not have a God's eye view of the candidate and must work within the limitations of the hiring process. The best one can do (without resorting to metaphysical processes) is to make a decision that has the highest expected value (or highest chance of hiring a good candidate).

The fact that there could be a candidate that lucked out because they were prepared for the specific set of questions you asked is not specific to live coding problems. You could have asked them anything and they could have lucked out and just happened to be prepared for the answer you were expecting.

That said, I can tell you for certain that if given a task that the average candidate takes 10 minutes, and a candidate completes it in half a day, you're looking at a 0.1x developer right there. That's by definition.