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it is a muscle. only way to overcome is to refine. what kind of cases do you stumble with
Thank you!
I agree with the above, but I would specifically drill your weaknesses. If you don’t know what those are, your starting point is to track them.
Doing a full-hour case every time, when the part you need to work on only takes 5 min, is a waste of 55 min.
Good point! I think it is mostly structure but I will do a few of them and try to pin point it based on this. Thanks!
Mentor
Practice makes perfect.
That is very true, I definitely am not confident enough in the math and I think it shows, but true, practicing enough should get me there. Truly appreciate all the help!! I will practice and try again!
Agreed with the above: be tactical about your prep.
I’d add, try to build in mechanisms to check your output. Meaning try to sense check your results as much as possible. You just calculated a number, does it make sense? Let’s say you just came up with a market size for some CPG product, given the est. number of customers, and frequency of purchase, what’s the implied average spend?
Let’s say you estimated cinema ticket sales to be $xB, and that somehow implies people spend either $200 or $0.5 per ticket, then, odds are there’s an error somewhere.
Laying out formulas in word usually helps, eg: Pop / HH size x penetration x …. Etc etc
That is a great tip, thank you! I will make sure to take some time to check the output as I compute and say it. Thanks for the help!