Economics

Conjoint Analysis

Conjoint Analysis

Conjoint Analysis, also called multi-attribute compositional models or stated desire analysis, is a statistical technique that came from mathematical psychology. It is used in reviews developed in systems, often on account of marketing, merchandise management, and procedures research. It isn’t to be confused while using the theory of conjoint dimension. Conjoint analysis is usually a particular application involving regression analysis. There is absolutely no precise statistical definition of it.