Multiple Choice
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.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Conjoint analysis provides a qualitative measurement of
Q3: The greater the number of objects to
Q4: When utilities are summed for each of
Q5: Conjoint analysis assumes interaction between attributes.
Q6: One of the applications of conjoint analysis
Q8: Before introducing a new product, Innovators Incorporated
Q9: Discriminant analysis identifies clusters of attributes on
Q10: In the economic theory of consumer behavior,
Q11: A basic assumption of conjoint analysis is
Q12: Respondents who are overwhelmed by a ranking