My job involves a lot of travel. Most of the times I travel in an AC Indica. When I am not on phone or working on my laptop, I prefer to take a nap or listen to my iPod. Yesterday, I decided I will do niether.
While coming back to Hyderabad from Nirmal on the Nagpur - Hyderabad highway a question came to my mind. What is the market share of Tata Motors in the trucks category? I safely assumed it would be more than 75%. But I was unsure. I decided on a very crude way to find out the market share. The method is not fool proof but is a good measure. Try it yourself! Yes, you CAN try this at HOME!
I started counting the trucks coming from the opposite direction. My counting stopped after I had gathered 100 data points. And to my utter surprise, the figures read:
Tata Motors: 44
Ashok Leyland: 48
Eicher: 8
Can I safey assume that Ashok Leyland and Tata Motors have roughly the same market share? Note that most of the trucks were either registered in A.P. or Maharashtra. Some were even from Rajasthan. I do not want to conclude that this market share is indicative of only these states. I would rather extrapolate a sample collected on a national higway to the entire country. Why dont you try this yourself and see what you derive?
1 comments:
Ashok Leyalnd has 30% market share and TML has close to 60%.
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