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- Dictionaryguesstimate
noun
- 1. an estimate based on a mixture of guesswork and calculation: "a rough guesstimate of public expenditure"
verb
- 1. estimate (something) using a mixture of guesswork and calculation: "the task is to guesstimate the total vote"
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Sep 20, 2024 · Market sizing is the process of finding how big your product's audience or revenue could be. So, market size is the total number of potential buyers for a product or service and the potential revenue reach based on that population size. When market sizing, you're calculating customer numbers to measure the growth potential of your business.
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Nov 19, 2023 · Guesstimate (guess + estimate) — A guess that tries to be accurate. Spork (spoon + fork) — A combination of a spoon and a fork that lets you eat with only one hand. English as a language is constantly evolving, but the casual English phrases we’ve included above have been used for a while and are widely known.
1 day ago · A useful metric for determining critical business functions is recovery time objective (RTO): the maximum acceptable time that a function can be unavailable or disrupted before it causes significant damage to your organization. This calculation is a key part of a formal BIA, but even a guesstimate is helpful.
Sep 8, 2024 · Estimate the number of Burgers sold in a day at McDonald’s: PM Interview | Guesstimate
Sep 16, 2024 · Q: Define a well-designed product. A: “A product should be ready to use out of the box and intuitively designed. It should also use language, colors, and elements that are aligned with the target customer’s use case.” What to avoid saying during product manager interviews
Sep 10, 2024 · The teacher gave one hint for the exam: Exactly 14 of the questions are True and the other 6 are False. That is probably meant to help the good students who know the answer to 18 or 19 questions deduce the missing answers. You are trying to maximize your expected score in the exam.
Sep 10, 2024 · It is a person’s actions, rather than their words or job title, that inspire trust and commitment. Get to know and directly engage with senior McKinsey experts on leadership.