I have difficulty in my previous interview. Would be great if anyone can helps
Population in city = 5 M
Ppl with age < 35 single has 80% chance to sign for product
Ppl with age >35 single has 40% chance to sign for product
Married couple has 25% chance to sign for products
Older generation is not interested.
How many products can we sell?
Thanks again for the response. I make assumption that only people with age 15-55 are relevant. Then, make assumption only 50% of people is married since it is developed country (aging population). Finally, I draw venn chart to distribute the number. I am not sure if I can approach this way
Hi Rusdi, if marital status is a meaningful segmentation for the specific case, then I think your approach works well. Without knowing what this case is about, it is a bit hard to tell, whether this is generally the right approach.