Glossary entry

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**.
Proposed translations (German)
4 teilfaktorieller Versuchsplan
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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4 KudoZ points awarded for this answer. Comment: "Spitze! Vielen Dank, Gabi. "
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