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Tag: "Guesstimate"
1 - 20 of 44 results
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Guesstimate

    What's the size of the PS5 market?

    Guessestimation Guesstimate
    Most recent answer on May 16, 2021
    The best answer (on Nov 13, 2020) is from:
    Ian
    Expert
    Content Creator
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Ian
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    Content Creator
    gave the best answer on Nov 13, 2020
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Hi there, Totally wrong approach! (Sorry) What's the point of estimating users of PS3/4? You're going a very veyr indirect route (unless you happen to already know this number) For this case, I would break down wo ... (read entire answer)
    5
    Answers
    1.1 k
    Views
    28
    Total Upvotes
    on May 16, 2021 on May 16, 2021
    Last Activity

    Market sizing: # of white men's t-shirts sold in a year

    Guesstimate Market sizing
    Most recent answer on May 16, 2021
    The best answer (on Mar 02, 2020) is from:
    Luca
    Expert
    Content Creator
    BCG |NASA |20+ interviews with 100% success rate| 120+ students coached |GMAT expert 780/800 score
    Luca
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    Content Creator
    gave the best answer on Mar 02, 2020
    BCG |NASA |20+ interviews with 100% success rate| 120+ students coached |GMAT expert 780/800 score
    Hello Viktoria! I would approach the problem as following: Estimate number of t-shirt per man Estimate percentage of white t-shirt Estimate the "expected life" of a shirt from Zara Number of white t-shirt so ... (read entire answer)
    4
    Answers
    1.8 k
    Views
    2
    Total Upvotes
    on May 16, 2021 on May 16, 2021
    Last Activity

    Estimate how many hospital beds for pregnant women are necessary in a year in the US

    brainteaser Guesstimate Market sizing
    Most recent answer on May 16, 2021
    The best answer (on Apr 26, 2021) is from:
    Ian
    Expert
    Content Creator
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Ian
    Expert
    Content Creator
    gave the best answer on Apr 26, 2021
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Hi there, You'll really get the best out of this exercise if you try it yourself. Why don't you post what you're thinking and we can help? Hint: Do you think this makes more sense top-down or bottom up? Gene ... (read entire answer)
    3
    Answers
    608
    Views
    31
    Total Upvotes
    on May 16, 2021 on May 16, 2021
    Last Activity

    How many business are in the US?

    Guesstimate Market sizing
    Most recent answer on Mar 24, 2021
    Anonymous A asked on Mar 23, 2021
    Hello How would you start with: how many business are in the US?
    3
    Answers
    408
    Views
    0
    Total Upvotes
    on Mar 24, 2021 on Mar 24, 2021
    Last Activity

    How much restaurants are in Paris?

    Guesstimate Market sizing
    Most recent answer on Mar 24, 2021
    The best answer (on Mar 22, 2021) is from:
    Ian
    Expert
    Content Creator
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Ian
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    Content Creator
    gave the best answer on Mar 22, 2021
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Hi there, I presume you mean "How MANY restaurants?" This is a classic market sizing :) Top Down Population of Paris Breakdown by Age and/or Income Segments Estimate frequency of lunch/dinner outings per w ... (read entire answer)
    3
    Answers
    411
    Views
    36
    Total Upvotes
    on Mar 24, 2021 on Mar 24, 2021
    Last Activity

    When to take into consideration growth rate for market sizing

    Guesstimate Market sizing
    Most recent answer on Mar 16, 2021
    The best answer (on Mar 16, 2021) is from:
    Ian
    Expert
    Content Creator
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Ian
    Expert
    Content Creator
    gave the best answer on Mar 16, 2021
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Hi there, Great Q - you need to take it into account if we're market sizing outside of one year. That's why it's important to ask clarifying questions before jumping into the market sizing. Figure out if it's an ann ... (read entire answer)
    2
    Answers
    259
    Views
    22
    Total Upvotes
    on Mar 16, 2021 on Mar 16, 2021
    Last Activity

    How to solve these market sizing quantitative question?

    estimation Guesstimate Market sizing quantitative analysis
    Most recent answer on Mar 15, 2021
    The best answer (on Mar 14, 2021) is from:
    Raj
    Expert
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    Strategy&| ex-interviewer | 78+ coached |95% success @ MBB, S&, RB, LEK, OW, Big4 [SUCCESS STORIES BELOW]| engineer
    Raj
    Expert
    Content Creator
    gave the best answer on Mar 14, 2021
    Strategy&| ex-interviewer | 78+ coached |95% success @ MBB, S&, RB, LEK, OW, Big4 [SUCCESS STORIES BELOW]| engineer
    There are many similar questions with useful answers on preplounge already, like below: https://www.preplounge.com/en/consulting-forum/how-would-you-go-about-calculating-how-many-solar-panels-are-used-in-a-country-9 ... (read entire answer)
    7
    Answers
    360
    Views
    84
    Total Upvotes
    on Mar 15, 2021 on Mar 15, 2021
    Last Activity

    Give an estimation of how many Logan cars are in Cluj. Please motivate your answer.

    cars Guesstimate
    Most recent answer on Feb 15, 2021
    The best answer (on Feb 15, 2021) is from:
    Gaurav
    Expert
    Content Creator
    Ex-Mckinsey|Certified Career Coach |Placed 500+ candidates at MBB & other consultancies
    Gaurav
    Expert
    Content Creator
    gave the best answer on Feb 15, 2021
    Ex-Mckinsey|Certified Career Coach |Placed 500+ candidates at MBB & other consultancies
    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
    3
    Answers
    295
    Views
    15
    Total Upvotes
    on Feb 15, 2021 on Feb 15, 2021
    Last Activity

    "At any given moment" - How to get there?

    Guessestimation Guesstimate
    Most recent answer on Nov 13, 2020
    Anonymous A gave the best answer on Nov 12, 2020
    Those questions are nothing more than standard market sizing questions. The reasoning that you need to use is similar to the one you'll use to estimate a market size. For example to determine how many new-yorkers are w ... (read entire answer)
    3
    Answers
    440
    Views
    37
    Total Upvotes
    on Nov 13, 2020 on Nov 13, 2020
    Last Activity

    How to estimate the number of Taxis outside Delhi Airport ?

    Airport taxi delhi airport Guesstimate MBB
    Most recent answer on Nov 12, 2020
    The best answer (on Nov 11, 2020) is from:
    Ian
    Expert
    Content Creator
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Ian
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    Content Creator
    gave the best answer on Nov 11, 2020
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    First: You MUST clarify if it's at a certain time of day/night. i.e. noon, midnight, etc. Is this at any given point in time? Top-Down Population of Delhi/Surrounding areas residents...subset of which would be fly ... (read entire answer)
    2
    Answers
    1.0 k
    Views
    14
    Total Upvotes
    on Nov 12, 2020 on Nov 12, 2020
    Last Activity

    How many second hand wedding dresses are sold in the UK each year?

    Case Interview Guesstimate Market sizing
    Most recent answer on Jun 29, 2020
    The best answer (on Feb 20, 2020) is from:
    Daniel
    Expert
    Content Creator
    McKinsey / ex-Interviewer at McKinsey / I will coach you to rock those interviews
    Daniel
    Expert
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    gave the best answer on Feb 20, 2020
    McKinsey / ex-Interviewer at McKinsey / I will coach you to rock those interviews
    UK population (= 60 Mio) # of women (~50% = 30 Mio) those in the marriable age (age group 20-60, i.e. 50% of all women if 80 y.o. is assumed as life expectancy = 15 mio) Out of those women % getting married whil ... (read entire answer)
    7
    Answers
    2.0 k
    Views
    15
    Total Upvotes
    on Jun 29, 2020 on Jun 29, 2020
    Last Activity

    How many miles of road are there in the US?

    estimation estimation market sizing guess-estimates Guesstimate Market sizing
    Most recent answer on Jun 29, 2020
    The best answer (on Mar 13, 2020) is from:
    Clara
    Expert
    Content Creator
    McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
    Clara
    Expert
    Content Creator
    gave the best answer on Mar 13, 2020
    McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
    Hello! I agree with the overall approach, and it´s very detailed. I agree the numbers end up being a bit high, but this would probably mean that some of the assumptions are overstated. In any case, what the inte ... (read entire answer)
    2
    Answers
    3.3 k
    Views
    5
    Total Upvotes
    on Jun 29, 2020 on Jun 29, 2020
    Last Activity

    Estimate the number of self-driving cars (SDC) needed for the US?

    estimation Guesstimate market estimation Market sizing
    Most recent answer on Jun 29, 2020
    The best answer (on Mar 20, 2020) is from:
    Daniel
    Expert
    Content Creator
    McKinsey / ex-Interviewer at McKinsey / I will coach you to rock those interviews
    Daniel
    Expert
    Content Creator
    gave the best answer on Mar 20, 2020
    McKinsey / ex-Interviewer at McKinsey / I will coach you to rock those interviews
    Hi Piyush, I've read carefully all your assumptions, looks very good! In the real estimation within the case probably the second part would be left out (dividing demand by # of rides) because it becomes too cumbersome ... (read entire answer)
    6
    Answers
    1.7 k
    Views
    12
    Total Upvotes
    on Jun 29, 2020 on Jun 29, 2020
    Last Activity

    Estimate the number of planes that are in the air in an hour?

    estimation guess-estimates Guesstimate Market sizing
    Most recent answer on Jun 29, 2020
    The best answer (on Apr 03, 2020) is from:
    Clara
    Expert
    Content Creator
    McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
    Clara
    Expert
    Content Creator
    gave the best answer on Apr 03, 2020
    McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
    Hello! Your breakdown indeed is good, however, I think you are leaving out another branch of the tree. Basically, you 1st break down into commercial and military, and then discard military. Then, in the commerc ... (read entire answer)
    6
    Answers
    6.3 k
    Views
    25
    Total Upvotes
    on Jun 29, 2020 on Jun 29, 2020
    Last Activity

    estimate the market size of gold jewellery

    Guesstimate Market sizing
    Most recent answer on Jun 29, 2020
    The best answer (on Jun 04, 2020) is from:
    Ankit
    Ankit gave the best answer on Jun 04, 2020
    1) Take the total population 2) Segment in terms of income segment 3) Segment in terms of gender ( female tends to wear more) 4) Segment in terms of Age group ( adults wears most) 5) Take Average consumption of ... (read entire answer)
    3
    Answers
    2.2 k
    Views
    2
    Total Upvotes
    on Jun 29, 2020 on Jun 29, 2020
    Last Activity

    How many cars use the m25 motorway daily?

    Guesstimate
    Most recent answer on Jun 09, 2020
    The best answer (on Jun 04, 2020) is from:
    Clara
    Expert
    Content Creator
    McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
    Clara
    Expert
    Content Creator
    gave the best answer on Jun 04, 2020
    McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
    Hello Sachin! It´s the classical market sizing, and there are many ways to tackle it. PM me if you want, since one of my cases precisely is about the privatization of a highway, including a market sizing on the num ... (read entire answer)
    3
    Answers
    912
    Views
    13
    Total Upvotes
    on Jun 09, 2020 on Jun 09, 2020
    Last Activity

    What is the best approach to tackle a guesstimate?

    case guesstimation guess-estimates Guesstimate
    Most recent answer on May 01, 2020
    Anonymous gave the best answer on Apr 23, 2020
    Interviewers are looking for following skills when evaluating a guesstimate How structured is your approach? Are you able to make quick checks on the efficiency of different methods? Can you make back of the env ... (read entire answer)
    5
    Answers
    2.2 k
    Views
    19
    Total Upvotes
    on May 01, 2020 on May 01, 2020
    Last Activity

    Estimate the number of piano tuners in San Francisco?

    estimation Guesstimate market estimation
    Most recent answer on Apr 30, 2020
    The best answer (on Apr 11, 2020) is from:
    Clara
    Expert
    Content Creator
    McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
    Clara
    Expert
    Content Creator
    gave the best answer on Apr 11, 2020
    McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
    Hello! Overall agree, but you are focusing on the household markets and forgetting the "public" pianos (e.g., restaurants, music schools, concert halls, etc.) Cheers, Clara
    3
    Answers
    1.5 k
    Views
    14
    Total Upvotes
    on Apr 30, 2020 on Apr 30, 2020
    Last Activity

    Market sizing: number of customers to an H&M store / day

    Guesstimate Market sizing
    Most recent answer on Feb 29, 2020
    The best answer (on Feb 28, 2020) is from:
    Luca
    Expert
    Content Creator
    BCG |NASA |20+ interviews with 100% success rate| 120+ students coached |GMAT expert 780/800 score
    Luca
    Expert
    Content Creator
    gave the best answer on Feb 28, 2020
    BCG |NASA |20+ interviews with 100% success rate| 120+ students coached |GMAT expert 780/800 score
    Hello, All of your points make sense and those are all questions that you can ask your interviewer at the beginning of the case. Before starting your case, you have to clarify all the boundaries and to agree on some a ... (read entire answer)
    5
    Answers
    1.6 k
    Views
    5
    Total Upvotes
    on Feb 29, 2020 on Feb 29, 2020
    Last Activity

    How do I derive the number of opticians in Milan starting from the equilibrium income Y*?

    Final Round Guesstimate Market sizing
    Most recent answer on Nov 30, 2019
    The best answer (on Nov 30, 2019) is from:
    Antonello
    Expert
    Content Creator
    McKinsey | MBA professor for consulting interviews
    Antonello
    Expert
    Content Creator
    gave the best answer on Nov 30, 2019
    McKinsey | MBA professor for consulting interviews
    Hi, the statement about equilibrium is not 100% clear (n. of opticians is necessary and sufficient to serve all the demand?) Best, Antonello
    2
    Answers
    1.2 k
    Views
    5
    Total Upvotes
    on Nov 30, 2019 on Nov 30, 2019
    Last Activity
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