Guesstimates Archives - Page 2 of 3

Let’s start with the population of Delhi which is 2 Crores. We will divide this population into two groups- 1. […]

Guesstimate 7 : How to estimate the number of ambulances on the road ?

Ans: Let’s start with the population of the country ~ 1.3 Billion (1300 million) Rural – 70% = 900 million

Ans: Let’s assume the airport can accommodate 10 planes at once and handle 5 runways. Average length of runway =

Approach: India has a population of approx 1.2B People. About 20% are BPL and would therefore not use surf excel. Remaining

Approach: If we take Mumbai and say Blue Dart, it will take 1 delivery truck for a region like Andheri

Ans: We will use the method of Demand and Supply Total population of India = 1.2bn or 1200 Mn Male

Q1. Estimate the number of office chairs sold in India. Approach:- To estimate the numbers of office chairs sold in

Approach The population of India is – 1,300,000,000 i.e. 1.3BInternet penetration in India is – 30% Assumed Population Distribution –

Let’s try to guesstimate the price of one kg potato in India. There could be multiple ways to do it,

Population of India : 1200 mn Population above poverty line: 70% 840 mn Population below 14 years: 30% Hence, proxy