Mobiprep has created step by step solution to estimation questions for all product management and consulting interview questions to help you with the mastering placement interviews. So let’s get started with the estimation questions.
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In this estimation question we have analysed the market size of the number of hospitals in Delhi. Check out the step-by-step answer created by Mobiprep experts.
Estimation Question Step-1: Segmentation
Approach:
Now, assume we have a bed for every 1000 person = 5500000/1000 = 5500 beds
Assuming, 50 beds per hospital = 5500/50 = 110 hospitals
Therefore, number of private hospitals are approximately 110.
Estimation Question Step-2: Solution
Therefore, total number of govt. operated hospitals = 105+210 = 315 hospitals
Number of charitable hospitals = 1 per legislative assembly seat
So, = 1x70 = 70 hospitals
Therefore, total number of hospitals in Delhi = 110+315+70 = 495 hospitals (approximately)
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