Which of the following is TRUE?
a. The attributes used to construct the stimuli for a conjoint analysis are completely
determined by the purpose of the investigation.
b. The attributes used to construct the stimuli for a conjoint analysis should be both
actionable for the company and important to people.
c. In a typical conjoint analysis study, most of the attributes that could be used to
construct stimuli will be used.
d. Our ability to generate good estimates of the utility of each attribute level depends
upon the number of stimuli being relatively small versus the number of parameters that
need to be estimated.
e. They are all false.
As defined in the text, measurement consists of
a. the assignment of numbers (representing quantities of attributes) to objects or events
according to rules.
b. a theory of hypothesis construction.
c. isolating those objects which may be shown to possess the mathematical properties of
activity.
d. a continuum which complies with the basic axioms of mathematics.
e. all of the above.