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QUESTION 1 [Use the following information for this question./ You run a tea business and decide to use conjoint analysis to determine consumer preferences. You

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QUESTION 1 [Use the following information for this question./ You run a tea business and decide to use conjoint analysis to determine consumer preferences. You choose three attributes: Strength of the tea (0=weak, 1=strong), Origin of the tea (0=Foreign Country, 1=United States), and Flavor (0=Unflavored, 1=Flavored). You get the following output: Coefficients Standard t Stat P- Error value Intercept 2.25 0.829 2.713 0.053 Strength -0.5 0.829 0.01 0.542 of Tea Origin of -2 0.829 -0.72 0.024 Tea Flavor of 3 0.829 0.98 0.022 Tea According to the output, which is true? Consumers prefer unflavored teas Consumers prefer tea from the United States Consumers prefer strong teas Consumers prefer teas from foreign countries Consumers prefer weak teas

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