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Please give out the steps. Thank you. Suppose that a consumer electronics company wants to estimate the market size for DVD players in the Ukraine
Please give out the steps. Thank you. Suppose that a consumer electronics company wants to estimate the market size for DVD players in the Ukraine by using analogy method. The company picked Romania, a similar neighboring Central European country, for which information on sales of DVD players are known (70, 000 units). If the number of annual sales of TV (Romania = 15, 000, 000: Ukraine = 16, 000, 000) is very well correlated with that of DVD players, what would be annual market size of DVD players in Ukraine? a. 74, 66 b. 73, 415 c. 69, 170 d. 65, 625 McDonald's learned that there is one McDonald's store per every 21, 000 persons in the U.S. (Pop -300 million: Per capita GDP = $46, 000). McDonald is considering opening its first store in Angola (pop-63 million: Per Capita income = $2, 300) Up to how many McDonald store can it plan to open in Angola? a. 100 b. 150 c. 200 d. 250
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