• Title/Summary/Keyword: resolution V BIB Fractional Factorial Design

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Practical Designs, Analysis and Concepts Optimization in Conjoint Analysis (컨조인트 분석에서 실용적인 설계, 분석 및 컨셉 최적화)

  • Lim, Yong B.;Chung, Jong Hee;Kim, Joo H.
    • The Korean Journal of Applied Statistics
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    • v.28 no.5
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    • pp.951-963
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    • 2015
  • The conjoint analyst in marketing are anxious to know whether there exist synergy or antagonistic effects between two attributes. That is to say, they are interested in estimating the main effects as well as the two factor interaction effects.We research the design of survey questionnaire so that all the main effects and two factor interaction effects are estimable by employing the resolution V balanced Incomplete Block Fractional Factorial Design. We screen vital few effects, find the proper model and obtain information for efficient concepts optimization by analyzing all respondents survey data.