Conjoint Analysis in R
Estimated Time Commitment: 4 Hours
In this course we will introduce conjoint analysis, which is a technique that analyzes respondents’ preferences to better understand how individuals combine and weigh different attributes.
We will first introduce the concept of conjoint analysis, as well as part-worth utilities. We will then review different approaches for conducting conjoint analysis before focusing our attention on classical conjoint analysis. Finally, we will conclude by performing a conjoint analysis in R with fictitious data.
Upon successful completion, you will be able to:
Identify the purpose of conjoint analysis
Review various types of conjoint analysis
Consider strengths and weaknesses of various conjoint analysis designs
Perform a conjoint analysis in R, and interpret the results
Interview with Monica Penagos - Conjoint Analysis
Introduction to the Skill
Glossary
Introduction to Conjoint Analysis
Data Collection Methods
Types of Conjoint Analysis
Knowledge Check 1
Part-Worth Utilities
Ferry Fares Example
Selecting Attributes and Levels
Knowledge Check 2
R Example - Setup
R Example - Part 1
R Example - Part 2
Knowledge Check 3
Instructions
Exercise Files
Debriefing
Conclusion
Final Quiz
Survey Instructions
Feedback Survey
Survey Verification
Next Steps