Glossary entry (derived from question below)
English term or phrase:
fractional factorial design
German translation:
teilfaktorieller Versuchsplan
Added to glossary by
Steffen Walter
Jan 18, 2007 21:58
17 yrs ago
English term
fractional factorial designs
English to German
Bus/Financial
Mathematics & Statistics
Conjointanalyse
Der Begriff wird im letzten Satz genannt.
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**.
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**.
Proposed translations
(German)
4 | teilfaktorieller Versuchsplan | Gabi Franz |
Change log
Jan 19, 2007 11:33: Steffen Walter changed "Field (specific)" from "Marketing" to "Mathematics & Statistics"
Proposed translations
45 mins
Selected
teilfaktorieller Versuchsplan
Auf der genannten Webseite wird das erklärt: Ein vollfaktorieller Versuchsplan entsteht, wenn alle möglichen Einstellungen der Faktoren miteinander kombiniert werden. (...) Teilfaktorieller Versuchsplan: ...Man bildet diesen Versuchsplan zunächst wie den vollfaktoriellen, jedoch mit einem Faktor weniger. Usw...
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Note added at 46 Min. (2007-01-18 22:44:55 GMT)
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Ich sehe gerade, dass der Plural gefragt ist, also müsste es "teilfaktorielle Versuchspläne" heißen.
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Note added at 46 Min. (2007-01-18 22:44:55 GMT)
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Ich sehe gerade, dass der Plural gefragt ist, also müsste es "teilfaktorielle Versuchspläne" heißen.
4 KudoZ points awarded for this answer.
Comment: "Spitze! Vielen Dank, Gabi. "
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