If You Are Determining If You Should Have Respondents Rank

question 4

Multiple Choice

If you are determining if you should have respondents rank or rate nonmetric or metric data, you are at which step of conducting conjoint analysis?

• A) Assess reliability and validity.
• B) Select a conjoint analysis procedure.
• C) Construct the stimuli.
• D) Decide on the form of input data.

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Definitions:

Regulation Z

A federal law that provides protection for consumers in credit transactions and is part of the Truth in Lending Act.

Truth-In-Lending Act

A federal law designed to promote informed use of consumer credit by requiring disclosures about terms and costs.

Retail Installment Sale

A transaction where the buyer pays for goods in regular installments while the seller retains ownership until the full price has been paid.

Food And Drugs

Pertains to the regulation and oversight of the production, distribution, and safety of food products and pharmaceuticals.