Estimate the number of bicycles required to start a bike sharing operation in a big city?
Clarifying questions Assumptions High level equation Age % of population Other travel options Total number 18 to 25 (25-18) / 80 = 8.7% Public transport, Car, Walking Assuming uniformly distributed across options: Public transport: 25%, car:25%, walking: 25%, bike: 25% = 8.7% * 25%*2.5=~52K 25 to 45 (45-25)/80 = 25% Again assuming uniform distribution, bike: […]

