Estimation question

Hi Guys,

While prepping up I came across a question on - how to figure out how many people miss credit card due dates in USA.

Can you share what structure I can use to frame the problem?

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Agrim

Coach

am 25. Aug. 2021

I think the best approach will be if you can share your first attempt and then we can give you better guidance on where you went right or wrong.

Ian

Coach

am 26. Aug. 2021

Hi there,

The best way for you to learn how to market size is to do it yourself (there are generally multiple approaches and you have to estimate based off of your knowledge).

That said, my general advice for structure would be as follow:

Eligible pop of US
% with credit cards (based on age or income segmentation…decide which makes more sense)
% likelihood of missing payments (based on same segmentation as #2)