Using the chain ratio method, estimate the marketing potential for graphics cards in the U.S. dedicated PC gamer market next year. Assume there are 196 million PC gamers in the U.S. market and 45% are classified as dedicated gamers. Research indicates that 36% of these gamers built their own gaming PC or intend build one next year and 27% of them will purchase a graphics card next year to build or upgrade their PC (only one card is needed). Assume the average price of a graphics card suitable for gaming is $899. The estimated number of graphics card buyers in the dedicated PC gamer market is million. (Round to three decimal places.)

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Do you play video games on your computer? If so, you're not alone. Last year, there were nearly 1.4 billion PC
gamers in the world. PC gamers can be divided into two groups: dedicated gamers (play at least once a week) and
casual gamers. A significant percentage of dedicated PC gamers build their own gaming PC and then upgrade the
major system components every two to three years. One of the major components of a gaming PC is the
graphics card, which renders images on the display device (monitor).
Using the chain ratio method, estimate the marketing potential for graphics cards in the U.S. dedicated PC gamer
market next year. Assume there are 196 million PC gamers in the U.S. market and 45% are classified as dedicated
gamers. Research indicates that 36% of these gamers built their own gaming PC or intend to build one next year and
27% of them will purchase a graphics card next year to build or upgrade their PC (only one card is needed). Assume
the average price of a graphics card suitable for gaming is $899.
The estimated number of graphics card buyers in the dedicated PC gamer market is million. (Round to three
decimal places.)
Transcribed Image Text:Do you play video games on your computer? If so, you're not alone. Last year, there were nearly 1.4 billion PC gamers in the world. PC gamers can be divided into two groups: dedicated gamers (play at least once a week) and casual gamers. A significant percentage of dedicated PC gamers build their own gaming PC and then upgrade the major system components every two to three years. One of the major components of a gaming PC is the graphics card, which renders images on the display device (monitor). Using the chain ratio method, estimate the marketing potential for graphics cards in the U.S. dedicated PC gamer market next year. Assume there are 196 million PC gamers in the U.S. market and 45% are classified as dedicated gamers. Research indicates that 36% of these gamers built their own gaming PC or intend to build one next year and 27% of them will purchase a graphics card next year to build or upgrade their PC (only one card is needed). Assume the average price of a graphics card suitable for gaming is $899. The estimated number of graphics card buyers in the dedicated PC gamer market is million. (Round to three decimal places.)
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