Solved

The Basic Conjoint Analysis Model Expressing the Fundamental Relationship Between

Question 111

Multiple Choice

The basic conjoint analysis model expressing the fundamental relationship between attributes and utility in conjoint analysis is shown below:
The basic conjoint analysis model expressing the fundamental relationship between attributes and utility in conjoint analysis is shown below:    What does ki<sub> </sub>represent? A) 1 if the jth level of the ith attribute is present, or 0 otherwise B) the part-worth contribution or utility associated with jth level (j, j=1, 2, ...k<sub>i</sub>) of the ith attribute (i, i=1, 2, ...m)  C) number of attributes D) number of levels of attribute i
What does ki represent?


A) 1 if the jth level of the ith attribute is present, or 0 otherwise
B) the part-worth contribution or utility associated with jth level (j, j=1, 2, ...ki) of the ith attribute (i, i=1, 2, ...m)
C) number of attributes
D) number of levels of attribute i

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions