Exam 21: Multidimensional Scaling and Conjoint Analysis

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For nonmetric conjoint analysis input data,the respondents are typically required to provide rank order evaluations.

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With the full-profile approach to constructing conjoint analysis stimuli,respondents rank all the stimulus profiles.

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Results in correspondence analysis are interpreted in terms of proximities among rows and columns.

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Internal analysis of preferences allows both brands and respondents to be represented in the same spatial map.

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The conjoint analysis procedure is based on trade-offs respondents make when evaluating alternatives.

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Which of the following statements is not true concerning conjoint analysis?

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Which guideline for deciding on the number of MDS dimensions suggests plotting stress versus dimensionality?

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Stress values indicate the proportion of variance of the optimally scaled data that is not accounted for by the MDS model.

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Decisions related to selecting the conjoint analysis procedure include all of the following except ________.

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What are the limitations of conjoint analysis?

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Which guideline for deciding on the number of MDS dimensions relies on theory or past research to suggest the number of dimensions?

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In (the)________ for constructing conjoint analysis stimuli,respondents evaluate two attributes at a time until all the possible pairs of attributes have been evaluated.

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Correspondence analysis is an explanatory data analysis technique that is not suitable for hypothesis testing.

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The text reports on a research project which used MDS to plot the perceived ethics of marketing research firms using a broad-based moral equity dimension (factor 1)and a relativistic dimension (factor 2).Based on the research,internal marketing research departments are perceived to be the most ethical on both dimensions.

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In conjoint analysis,________ are the values assumed by the attributes.

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Correspondence analysis data is binary or categorical.

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Which of the ways below is not a way in which preference data might be obtained?

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When constructing conjoint analysis,full or complete profiles of brands are constructed for all the attributes in (the)________.

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Preference data order the brands or stimuli in terms of respondents' preference for some property.

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Which is an advantage of the direct approach to collecting perception data?

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