Exam 21: Multidimensional Scaling and Conjoint Analysis

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________ is a form of conjoint analysis that can simplify the data collection task and estimate selected interactions as well as all main effects.

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For metric conjoint analysis input data,the respondents provide ratings.

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

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

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________ is an MDS technique for scaling qualitative data that scales the rows and columns of the input contingency table in corresponding units so that each can be displayed in the same low-dimensional space.

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

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Suppose a researcher is interested in obtaining consumer perceptions of automobiles,the choice of the number and specific brands or stimuli to be included in the MDS analysis should be based on the statement of the marketing research problem and theory only.The researcher should not bias the research by also using his judgment to determine what should be included in the analysis.

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Correspondence analysis data is binary or categorical.

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What are the disadvantages of internal analysis of preferences?

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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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