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Data Interview Question

Annual Big Mac Sales in the US

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Requirements Clarification & Assessment

  1. Objective Clarification:

    • The primary goal is to estimate the annual number of Big Macs sold by McDonald's across the United States.
    • The interviewer is interested in understanding the thought process rather than obtaining an exact number.
  2. Data Points to Consider:

    • US Population: Approximately 300 million people.
    • McDonald's Revenue: Around $21 billion annually.
    • Big Mac Price: Average price of 3.99,withmealoptionsaround3.99, with meal options around 5.99.
    • Number of McDonald's Locations: Approximately 13,000 to 16,000 locations in the US.
    • Consumer Behavior: Assumptions around the percentage of consumers purchasing Big Macs.
  3. Assumptions to Make:

    • Proportion of McDonald's revenue attributed to Big Macs.
    • Average number of Big Macs sold per location.
    • Seasonality and regional variations in sales.
  4. Constraints and Limitations:

    • Lack of precise data on Big Mac sales distribution.
    • Potential biases in assumptions about consumer behavior and preferences.
    • Variability in Big Mac pricing across different regions.