Interview Preparation Exam > Interview Preparation Notes > Guesstimates > Calculate the number of households in India that own a television
Calculate the number of households in India that own a television | Guesstimates - Interview Preparation PDF Download
Let's break down this guesstimate into several steps to arrive at a reasonable estimate for the number of households in India that own a television.
Step 1: Estimate the total number of households in India
First, we need to estimate the total number of households in India. According to the World Bank, the population of India is approximately 1.366 billion in 2019.
To calculate the number of households, we need to estimate the average family size in India. According to recent data, the average family size in India is around 4.5 persons per household.
Total number of households = Total Population / Average family size
Total number of households = 1,366,000,000 / 4.5 = 303,555,556 households
Step 2: Determine TV ownership rate
Now, we need to estimate the percentage of households that own a television in India. According to a study by the Broadcast Audience Research Council (BARC) India, around 66% of Indian households owned a television in 2018.
Step 3: Calculate the number of households with a television
Finally, we can estimate the number of households in India that own a television by multiplying the total number of households by the TV ownership rate.
Number of households with a television = Total households * TV ownership rate
Number of households with a television = 303,555,556 * 0.66 = 200,346,667 households
So, approximately 200.35 million households in India own a television. Keep in mind that this is a rough estimate based on available data and assumptions.
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