Get Active in Our Amazing Community of Over 451,000 Peers!
Schedule mock interviews on the Meeting Board, join the latest community discussions in our Consulting Q&A and find like-minded Case Partners to connect and practice with!
Why is the market size after three years is 12.1 shouldn't it not be 13.31
Overview of answers
Upvotes
Best answer
Hi Mat,
Yes. 12.1m € should the market size after 2 years. This is an error in the solution.
Cheers, Sidi
Was this answer helpful?
Hi,
You appear to be correct.
12.1 is if the growth is compounded after just 2 years, whereas the case asks for the market size after 3 years (i.e. 13.31)
Was this answer helpful?
Related Cases
Expert case by Ian
Style:
Topics:
An entrepreneur has come to you looking to disrupt the taxi industry in NYC. They are interested in determining the number of taxis in Manhattan, in order to understand how large their fleet would need to be to compete. How would you go about determining how many taxis exist in Manhattan?If the cand
...
An entrepreneur has come to you looking to disrupt the taxi industry in NYC. They are interested in determining the number of taxis in Manhattan, in order to understand how large their fleet
...
(Open whole case)
900+
Times solved
Beginner
Difficulty
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers
429
Meetings
5,843
Q&A Upvotes
78
Awards
134 Reviews
Thanks Sidi
I think that you should calculate growth from year 2 only, year 1 is 10M, year 2 is 11M, year 3 is 12,1M