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Brian Cuspid, who works for a leading toothpaste manufacturer, wishes to better understand target customers in a particular geographic region. His manager suggested trying conjoint

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Brian Cuspid, who works for a leading toothpaste manufacturer, wishes to better understand target customers in a particular geographic region. His manager suggested trying conjoint analysis. She told him that not only would he gain insight into the trade- offs among various attributes in the target demographic, but also that conjoint could help estimate how much customers would be willing to pay for different configurations. Excited by this possibility, he contacted Ron Paul Analytics, who ran the following study for him. Attribute Level Utility Attribute Level Utility Price $3.22 1.52 Brand Allsmile 0.62 $3.55 1.21 B&B Healthcare 0.33 $3.88 -0.31 Caremore -0.20 $4.11 -1.42 Dentacare -0.43 Delivery Tube -0.33 Texture Paste 0.19 Pump 0.33 Gel -0.19 Size Small -1.05 Medium 0.19 Large 0.9 What is the approximate value of a utility of 1.00 based on the given price ranges? [Note: Use the high and low levels of price provided for your calculations] Brian Cuspid, who works for a leading toothpaste manufacturer, wishes to better understand target customers in a particular geographic region. His manager suggested trying conjoint analysis. She told him that not only would he gain insight into the trade- offs among various attributes in the target demographic, but also that conjoint could help estimate how much customers would be willing to pay for different configurations. Excited by this possibility, he contacted Ron Paul Analytics, who ran the following study for him. Attribute Level Utility Attribute Level Utility Price $3.22 1.52 Brand Allsmile 0.62 $3.55 1.21 B&B Healthcare 0.33 $3.88 -0.31 Caremore -0.20 $4.11 -1.42 Dentacare -0.43 Delivery Tube -0.33 Texture Paste 0.19 Pump 0.33 Gel -0.19 Size Small -1.05 Medium 0.19 Large 0.9 What is the approximate value of a utility of 1.00 based on the given price ranges? [Note: Use the high and low levels of price provided for your calculations]

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