How do price and product attributes relate to choice?
Fit choice-based conjoint, validate on held-out respondents and estimate trade-offs. Declare the observation window or study design before running. The result includes denominators and leaves unidentified quantities uncomputed.
Required data: Respondent ID · Choice task ID · Alternative ID · Chosen (0/1) · Presented price · Numeric attribute 1 · Train/evaluation role · Currency code
Preference probabilities are not market shares. Monetary trade-offs require a strictly negative price-coefficient interval.
Fit choice-based conjoint, validate on held-out respondents and estimate trade-offs.
NeedsRespondent ID · Choice task ID · Alternative ID · Chosen (0/1) · +4 more
Summary
Fit choice-based conjoint, validate on held-out respondents and estimate trade-offs.
Study settings and input conditions
One row per respondent, choice task and alternative · Respondent, task, alternative, chosen indicator, price, numeric features, role and currency
Fit choice-based conjoint, validate on held-out respondents and estimate trade-offs.Needs: Respondent ID · Choice task ID · Alternative ID · Chosen (0/1) · Presented price · Numeric attribute 1 · Train/evaluation role · Currency code8 required columns