Hi there,
1) why don't you post your approach here and we comment on it?
2) Search for Guesstimate questions on Preplounge to see the framework and other examples.
Hope it helps!
GB
Hi, I would like to suggest similar cases in the platform to practice with:
Hope it helps,
Antonello
Hi Bibbi,
General Tips for Market Sizing
Logan Cars in Cluj
Car Market Sizing
Take a look at these other Q&As around car estimation!
https://www.preplounge.com/en/consulting-forum/how-many-cars-use-the-m25-motorway-daily-6977
Thank you for suggestions! i was thinking of the next solution: -Based on online research, there are about 8 milion cars in Romania today. -Based on Worldometer the current population of Romania is about 19.000.000 -Acording to statistics, Dacia Logan is Romania’s best selling car, 14% of romanians cars are Logan => 1.120.000 Logan cars in Romania - Cluj-Napoca has a population of 600.000, including students and the others who do not have their permanent residence in cluj -using rule of three calculation: 1.120.000 * 500.000 / 19.000.000 ≈ 29.000 Logan cars in Cluj-Napoca