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Foundation

Fermi Estimate

8 minutes (1 section)
Analytical Skills

Course Description

How many people buy popcorn at Japanese cinemas every year? What is the potential market size for that new business idea you have been considering? Answering questions like these may seem impossible at first, especially when lacking data or time.

Fermi Estimates can help! Fermi Estimates can empower us to calculate rough, but close estimations in a simple way using limited information. Fermi Estimates are a quick and powerful tool to use when facing decisions in the world of business. Using Fermi Estimates can help guide you in these situations and may even be fun!

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