In Conjoint Analysis,the Importance of an Attribute,I_i,is Defined in Terms

question 32

True/False

In conjoint analysis,the importance of an attribute,I_i,is defined in terms of the range of the part-worths,α_ij,across the levels of that attribute I_i = {max(α_ij)- min(α_ij)},for each i.

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Definitions:

Hypnosis

A trance-like mental state of heightened focus and concentration, induced by suggestion, used therapeutically to modify behaviors, perceptions, or psychological states.

Suggestible

Easily influenced or inclined to accept and act on the suggestions of others.

Physiological Dependence

A condition where the body has adapted to the presence of a substance, leading to withdrawal symptoms when use is reduced or stopped.

Tolerance

The ability or willingness to tolerate something, in particular the existence of opinions or behavior that one does not necessarily agree with.