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Francesca

on Oct 04, 2024

Asia

Question about

Potential revenues of Sprinker

Potential Revenues of Sprinker

Pot. Revenues Sprinker ≈ 449k × $25 ≈ $11.22m

Hello community!

I have a question regarding this part: the rest of the calculations are clear, but i would like to understand this: here we multiplied the (n. of private school children x price*book). However, I was wondering why we estimate that that number of private school kids (449k) is ALSO a first-grade kid. I fear I don't understand the correlation between the two data.

Is it perhaps a hint the interviewer would give me upon request? As in, "to simplify, consider the n. of private school kids as the primary school kids".

Thank you!

Francesca

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Top answer

Hagen

Coach

edited on Oct 04, 2024

#1 recommended coach | >95% success rate | 8+ years consulting, 8+ years coaching and 7+ years interviewing experience

Hi Francesca,

I would be happy to provide the solution:

In section "1.1.1. Revenues", it is mentioned "First-graders are 7 years old."
Therefore, after quantifying the no. of children born 7 years ago and considering the 10% share of students who attend private schools, the result is exactly the population you are looking for.

Best,

Hagen

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2 comments

Francesca

on Oct 05, 2024

Right! Thank you so much :)

Hagen

Coach

on Oct 05, 2024

#1 recommended coach | >95% success rate | 8+ years consulting, 8+ years coaching and 7+ years interviewing experience

Of course, I’m always there to help!