Professional Documents
Culture Documents
Market Segmentation
Table 3.1:
Table 3.2:
1
Note: the previous year will be multiplied by 1.0413 to get the subjected population for
the year.
Year Population
2021 5396
2022 5619
2023 5851
2024 6093
2025 6345
Ratio Analysis
R = Target Market Population
Sample Size
= _5182_
371
R = 1:14
Note: The ratio shows that for every 1 respondent represents 14 individuals.