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In one practice interview I was told a calculator would be available. If the real interviewer says I can use one, should I use it freely or still try to do most calculations by hand?
If an exhibit shows revenue going from 100 to 150 over several years, is it worth calculating CAGR, or should I just describe the growth unless the interviewer asks?
Mayank G.CoachOnly calculate CAGR when the annualized growth rate matters to the decision.
Sometimes I calculate exactly and waste time, and other times I round aggressively and worry I'm being too loose. How do I tell when the interviewer expects precision versus an estimate?
Mayank G.CoachUse the decision being made to judge the level of precision required.
My formula was right, but I treated a cost reduction as negative and ended up with the opposite direction in the final number. I caught it when the interviewer questioned the result. How serious is that kind of error?
Mayank G.CoachA sign error is still a calculation mistake, but catching and correcting it quickly is much better than carrying it through the case.