Earlier quoted context omitted.
+1 being cryptic and poorly specified is part of the assignment just like real code in fact, it's _still_ better documented an self contained than most of the problems you'd usually encounter in the wild. pulling on a thread to end up with a clear picture of what needs to be accomplished is like 90% of the job very often.
I didn't see much cryptic except having to click on "perf_takehome.py" without being told to. But, 2 hours didn't seem like much to bring the sample code into some kind of test environment, debug it enough to works out details of its behaviour, read through the reference kernel and get some idea of what the algorithm is doing, read through the simulator to understand the VM instruction set, understand the test harnes…
So yeah. They _could_ have written it much more clearly in the readme.