By Using _______________,A Large Conjoint Design with 15,000 Possible Profiles

question 67

Multiple Choice

By using _______________,a large conjoint design with 15,000 possible profiles can be reduced down to just 25.

• A) correlations
• B) factors from factor analysis
• C) orthogonal designs
• D) clusters from cluster analysis

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Definitions:

Foreign Currency Option

A financial derivative that gives the holder the right, but not the obligation, to exchange money denominated in one currency into another currency at a pre-agreed exchange rate on a specified date.

Fair Value

The cost at which one could sell an asset or assume a liability in a structured exchange with market participants on the valuation date.