Which of the following statements is not true?
A) Conjoint analysis is termed an analysis of interdependence technique.
B) Conjoint analysis requires a respondent to evaluate a concept in terms of overall liking, intention to buy, or rank order of
Preference compared to other concepts.
C) Using conjoint analysis, a researcher can identify optimal levels of attributes for new products.
D) Conjoint analysis decomposes the consumer's overall judgment into utilities that represent the worth of each level of each
Attribute relative to the other levels.
E) Total utility of a more preferred combination of attributes should always be greater than the total utility of a less
Preferred combination.
Correct Answer:
Verified
Q23: If all of the possible levels of
Q28: When each attribute is considered independently, respondents
Q30: Conjoint analysis, although intuitively appealing, has been
Q35: Discriminant analysis does not provide a test
Q36: Factor analysis groups attributes that are similar
Q37: Utility measurements from conjoint analysis can be
Q42: Multidimensional scaling attempts to
A)map consumers' perceptions and
Q43: Which of the following situations would present
Q45: An approach in which the respondents are
Q46: Which of the following statements concerning the
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