Hi, I'm not sure to understand why you calculate #of children born 7 years ago using the 4% growth rate ?
If we assume an equal distribution of population per age, can't we say that the number of babies born/year (4.67M) equals the # of children of 7 years old ?
Werde aktiv in unserer Community aus über 453.000 Gleichgesinnten!
Verabrede dich zum Casen über das Meeting-Board, nimm an Diskussionen in unserem Consulting Q&A teil und finde gleichgesinnte Case-Partner, um dich auszutauschen und gemeinsam zu üben!
children born 7 years ago
Übersicht der Antworten
Upvotes
Beste Antwort
You're right in terms of how to calculate the static number of people in each age cohort (assuming normal distribution across all ages).
However, in this particular exercise, you are also asked about the growth rate (4%), which means that you need to take this into account as well.
Needless to say, this initial assumption that all age cohorts are equal is purely a simplification since, in reality, there are booms in births every few decades that influence the distribution.
Best,
Cristian
War diese Antwort hilfreich?
Hi there,
I would be happy to provide the solution:
- In case there was no growth in total population, your assumption would right.
- However, given the 4% growth rate, you first need to understand what total population and thus total children born 7 years ago was.
Best,
Hagen
War diese Antwort hilfreich?
Hi there,
Hagen is exactly right. This is testing your knowledge of growth rate. Which, inherently means that the # chances each year.
War diese Antwort hilfreich?
Verwandte Cases
Expertencase von Hagen
Sprinker is a mid-sized, US-based publishing agency that develops, produces, and sells educational materials. It has come to their attention that some private schools are considering changing their first-grade textbooks, for which they would need a publishing agency.Sprinker is interested in partici
...
Sprinker is a mid-sized, US-based publishing agency that develops, produces, and sells educational materials. It has come to their attention that some private schools are considering changin
...
(Ganzen Case öffnen)
18,2 T.
mal gelöst
Anfänger
Schwierigkeitsgrad
693
Meetings
29.608
Q&A Upvotes
130
Awards
218 Bewertungen
