The Basic Conjoint Analysis Model Expressing the Fundamental Relationship Between $$U ( X ) = \sum _ { i = 1 } ^ { m } \sum _ { j = 1 } ^ { k i } \alpha _ { i j } X _ { i j }$$

question 40

Multiple Choice

The basic conjoint analysis model expressing the fundamental relationship between attributes and utility in conjoint analysis is shown below:
$$U ( X ) = \sum _ { i = 1 } ^ { m } \sum _ { j = 1 } ^ { k i } \alpha _ { i j } X _ { i j }$$
What does ki represent?

• A) number of levels of attribute i
• B) number of attributes
• C) the part-worth contribution or utility associated with jth level (j,j=1,2,...ki)of the ith attribute (i,i=1,2,...m)
• D) 1 if the jth level of the ith attribute is present,or 0 otherwise

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Definitions:

Erythrocytes

Red blood cells that are responsible for carrying oxygen from the lungs to the body tissues and carbon dioxide as a waste product back to the lungs.

Systemic Circuit

Circuit through which blood flows from the heart to the body tissues and back.

Circulatory System

The body's system responsible for the transportation of blood, nutrients, gases, and wastes, consisting of the heart, blood vessels, and blood.

Interstitial Fluid

Interstitial fluid is the liquid found in the spaces between cells, serving as the immediate microenvironment that allows for movement of ions, proteins, and nutrients.