Figures and Random Flashcards
95/5 Divide by 5 by dividing by 10 and doubling or doubling and dividing by 15
19
Japan GDP per capita
60K
8*85 Half and double
680
325 * 30
9750
96/8
12
Population of most US large metro regions other than NYC/LA/Chicago?)
3-6M
331 * 20
6620
Questions to ask when given a market sizing task:
- What market specifically? (consumers or business or both? Does NY mean NYC or entire state?) 2. Ask if there is any data on any parameters I need (i.e. persons per household in target market) before estimating or any reason that parameters differe from national average, 3. Suggest research you would conduct to find parameters (may give data at this point) 4. Walk interviewer through thought process: A. Framework 2. Estimation/Research and get buy in on assumptions before doing any math, 3. Calculation, 4. So what?
NYC Metro population
20M
Chicago metro population
10M
US Persons per Household
2.5 or 3
120/12
10
4,2002.5 Multiply by (1/4)10^n
10,500
21/7
3
72/8
9
295/5 Divide by 5 by dividing by 10 and doubling or doubling and dividing by 20
59
Germany GDP per capita
45K
20-Jan
5%
962.5 Multiply by (1/4)10^n
240
EU GDP per capita
35k
Convert 45% to fraction to multiply easier
9 * 5% = 9/20
25-Mar
12% (1/25 = 4% –> * 3)
99/9
11
75*6 Multiply by 25 by multiplying by 3/4 then by 100, or by dividing by four then multiplying by 3 and then 100, or by subtracting a quarter and multiplying by 100.
450