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We are able to offer you unmatched Internet survey experience with the most advanced data collection methods in the industry. |
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Our experience in the healthcare industry combined with our advanced technology has helped us succeed when confronted with difficult research situations. |
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Our fast, focused in-depth analysis |
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Statistical methods for handling of respondent data, frequencies, and cross tabulations. |
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Statistical significance (t and z-tests and confidence intervals) |
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Uni - variate and Multui - variate analysis including but not limited to regression,discriminant,analysis of variance (ANOVA), factor, cluster, multidimensional scaling (MDS) and latent class analysis |
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REGRESSION ANALYSIS
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Regression analysis measures the strength of a relationship between a variable such as overall customer satisfaction & one or more explaining variables such as product quality
and price.
Correlation results in a predictive equation with a correlation coefficient.If the relationship
is strong (expressed by the Rsquare value).
It can be used to predict values of one variable given other variables have known values.
How will the overall product attributes score change if side effects are decreased & longer duration of therapy.
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BRAND MAPPING (CORRESPONDENCE ANALYSIS)
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Correspondence analysis is a technique which allows rows and columns of a data matrix.
(e.g. average satisfaction scores for several products)to be displayed as points in a two-dimensional space or map.
Brand maps are often used to illustrate customer's images of the market by placing prod-
ucts & attributes together on a map. This allows close interpretation of company percepti-
ons with a variety of product and service attributes simultaneously.
Brands are most strongly associated with the attributes that are closest to them on the map. If products are placed close to each other, it means they have a similar image or profile in the market. The relative association of brands with an attribute can be determined by drawing a perpendicular line from the attribute vector line (=line from the origin to the attribute point) to each of the brands. The distance between the brand and the attribute is the distance between the attribute location and where the perpendicular line crosses the attribute vector line.
The center of the map (the cross on the map), represents the overall mean of each attribute, and is the center around which the brands are dispersed. The more a brand tends to lie in a similar direction away from the centre as an attribute, the more a brand is associated with that attribute. This also means that brands and attributes near the centre of the maps are not differentiating. The length of an attribute vector represents the extent to which the brands differ on that attribute.
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Conjoint analysis is a technique for measuring respondent preferences about the attributes of a product or service. It is the ideal tool for new/improved product development and asks the respondents to make choices, by trading off features one against the other, either by ranking or choosing one of several product combinations. These techniques identify buyer preferences for product features, the most desired set of features for a product, and what tradeoffs buyers are willing to make for their desired product.
Using conjoint analysis, you can determine both the relative importance of each attribute (e.g. packaging size, storage, frequency of administration, duration, price) as well as which levels of each attribute are most preferred. It is also useful to gauge market reaction when
a product (attribute) will change. e.g. what will happen to the market share of brand A if its price increases with 10%?
Adaptative conjoint proposes preference measurement where in the first step respondents provide self-explicated preference or importance of attributes. This hybrid approach provides the initial estimates of the part-worths which are then updated using fractional factorial designs.
Discrete Choice differs from the Adaptive conjoint process in that it does not rely on the self-explicated importance of attributes. The part-worths are revealed importance estimated via efficient experimental designs.
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