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Anonymous A

on Sep 25, 2022

Global

Answer required - need your help

Hello everyone,

Recently, I have given the test for one of the companies and got all answers to all the questions except one which I have mentioned below. Would you guys be kind to answer that one question so that I can know if I am right or wrong? Thank you very much for your time.

My answer is 2.1 but not sure.

900+

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Coach

on Sep 25, 2022

Ex-Bain Manager | Final Round Interviewer & Recommender for Bain | Summer Program Lead

Total number of cars per household should be 2.7.

Here's the way i'd calculate:

Given you've cleared most of the test, i believe there shouldnt be any issues going on to the case interview. Good luck with that!

Pedro

Coach

on Sep 28, 2022

Bain | EY-Parthenon | Former Principal | 1.5h session | 30% discount 1st session

This one is very tricky, but mathematically is easy.

Average spend per family seems to be $950.
Average policy is $350.
So $950/$350 = 2.7

The rest of the information is irrelevant:

Number of families. irrelevant. You don't have the total cost in the country. You already have the average cost per family, so you don't need this.
Families with cover: irrelevant. The policies are per car, not per family. Meaning that a family having 0 cars and another one 4 is the same as two families with 2 cars (although in the first case the “families with cover” ratio would be of 50%)…

Of course, let me say I don't see the point in this type of tricky tests.