Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I'm don't understand the sample. where does the 80 and 50 come from? my desire point is 18 I just need to understand the logic

I'm don't understand the sample. where does the 80 and 50 come from? my desire point is 18 I just need to understand the logic of getting 80 and 50? If the ranges of the original attribute levels for speed and complexity, are 25 to 213 (for speed) and 2.7 to 19.2 (for complexity). Calculate the best attribute levels expressed in their original (unstandardized) scales, for both speed and complexity for both of your new R&Ds and show work

image text in transcribed

Context: Suppose you want a product that is a "-11" on the -25 to +25 perceptual map scale. Question: What is this "-11" in terms of the attribute units that products are designed to when an R&D is done? Let's call that value "x" in the diagram below: Perceptual scale (-25 to +25) 50 14 -25 -11 0 +25 20 14/50 80 60 100 80 Attribute Units (e.g. 20-100) To get x exactly we interpolate, by starting at 20, and adding the fraction of the overall range: x = 20 + 14/50 * 80 = 42.4

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Spellbound By Financial Reality

Authors: John A. House ChFC CEPA

1st Edition

1982278854,1982278862

More Books

Students also viewed these Finance questions

Question

Is willing to challenge constructively and be challenged.

Answered: 1 week ago