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Old 09-24-2012, 04:06 PM   #96
forsooth
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Quote:
From that article:
Gene Munster, a financial analyst with Piper Jaffray, had predicted eight million sales the first weekend. He made his guess by counting the number of people waiting in line outside some Apple stores and comparing it to the number of people in line last year.

Quote:
Originally Posted by murraypaul View Post
From that article:


How much do these people get paid?
He used simple sampling technique. Not too bad.
One question would be did he take the total for those stores, relate it to the grand total sold last year last year, and then factor in the increase of stores in the last year.
Just assuming from what is said above that he didn't count the increase of stores overall, he should have gotten a higher number than 8 Mil.
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