Exam 21: Multidimensional Scaling and Conjoint Analysis

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Various ways to label dimensions obtained in MDS were mentioned in the text.Which of the ways below was not mentioned in your text?

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Values of .60 or better are considered acceptable values of ________,the index of fit.

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Perception data may be direct or derived.

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When conducting conjoint analysis in ________,the researcher must identify the attributes and attribute levels to be used in constructing stimuli.

(Multiple Choice)
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Non-metric MDS procedures assume that the input data are ordinal,and they result in ordinal output.

(True/False)
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Which statement is true about the full-profile approach to constructing conjoint analysis stimuli?

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The interpretation of results in correspondence analysis is similar to that in principal components analysis.

(True/False)
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Which of the ways below is not a way in which preference data might be obtained?

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MDS solutions are subject to substantial random variability.

(True/False)
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Derived approaches to collecting perception data require respondents to rate the brands or stimuli on the identified attributes using semantic differential scales or Likert scales.

(True/False)
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Which is an advantage of the direct approach to collecting perception data?

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

(True/False)
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The basic conjoint analysis model expressing the fundamental relationship between attributes and utility in conjoint analysis is shown below: U(X)=∑i=1m∑j=1kiαijXijU ( X ) = \sum _ { i = 1 } ^ { m } \sum _ { j = 1 } ^ { k i } \alpha _ { i j } X _ { i j } What does ?ij represent?

(Multiple Choice)
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The basic conjoint analysis model expressing the fundamental relationship between attributes and utility in conjoint analysis is shown below: U(X)=∑i=1m∑j=1kiαijXijU ( X ) = \sum _ { i = 1 } ^ { m } \sum _ { j = 1 } ^ { k i } \alpha _ { i j } X _ { i j } What does Xij represent?

(Multiple Choice)
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Define and describe hybrid conjoint analysis.

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In MDS,when a spatial map is obtained,it is assumed that interpoint distances are ________ scaled and that the axes of the map are multidimensional ________ scaled.

(Multiple Choice)
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The direct approaches to collecting perception data are used more frequently than the attribute-based approaches.

(True/False)
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What are the advantages and disadvantages of the direct and derived approaches to obtaining perception data for multidimensional scaling?

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In MDS,at minimum,________ brands or stimuli should be included so as to obtain a well-defined spatial map.Including more than ________ brands is likely to be cumbersome and may result in respondent fatigue.

(Multiple Choice)
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The basic conjoint analysis model expressing the fundamental relationship between attributes and utility in conjoint analysis is shown below: U(X)=∑i=1m∑j=1kiαijXijU ( X ) = \sum _ { i = 1 } ^ { m } \sum _ { j = 1 } ^ { k i } \alpha _ { i j } X _ { i j } What does ki represent?

(Multiple Choice)
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