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Potential revenues of Sprinker

Potential Revenues of Sprinker

Pot. Revenues Sprinker ≈ 449k × $25 ≈ $11.22m

 

Hello community! 

I have a question regarding this part: the rest of the calculations are clear, but i would like to understand this: here we multiplied the (n. of private school children x price*book). However, I was wondering why we estimate that that number of private school kids (449k) is ALSO a first-grade kid. I fear I don't understand the correlation between the two data. 

Is it perhaps a hint the interviewer would give me upon request? As in, "to simplify, consider the n. of private school kids as the primary school kids".

 

Thank you!

Francesca

1
800+
31
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Top answer
Hagen
Coach
edited on Oct 04, 2024
#1 recommended coach | >95% success rate | 9+ years consulting, interviewing and coaching experience

Hi Francesca,

I would be happy to provide the solution:

  • In section "1.1.1. Revenues", it is mentioned "First-graders are 7 years old."
  • Therefore, after quantifying the no. of children born 7 years ago and considering the 10% share of students who attend private schools, the result is exactly the population you are looking for.

Best,

Hagen

on Oct 05, 2024
Right! Thank you so much :)
Hagen
Coach
on Oct 05, 2024
#1 recommended coach | >95% success rate | 9+ years consulting, interviewing and coaching experience
Of course, I’m always there to help!
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