Question: Assignment 4 10 points Team Crayzin is considering a launch of a new type of raisin into the packaged raisin market. Prior to launch, however,

Assignment 4

10 points

Team Crayzin is considering a launch of a new type of raisin into the packaged raisin market. Prior to launch, however, Crayzin has decided that a conjoint study of potential consumers might be useful to help in his product design. Even though Crayzin knows marketing research, they want a second opinion. Pretend that you are a marketing research company hired to provide Crayzin help with the following issues.

Attribute

Level 1

Level 2

Level 3

Level 4

Raisin Chewiness

Low

Medium

High

NA

Raisin Color

White

Grey

Brown

Black

Packaging Size

Small

Large

NA

NA

Free Gift

No

Yes

NA

NA

Raisin Aroma

None

Medium

Heavy

NA

Price Compared to Market Leader

Lower

Same

Higher

NA

where NA indicates not applicable (e.g. Chewiness has only three levels). The data that Crayzin collected is available on Canvas (Assignment4_Problem1.xlsx). Please base your answer to the following questions on this data. Note that each attribute is coded numerically. For instance, for Chewiness (Low =1, Medium =2, High =3) and similarly for the other attributes reading left to right in the table above.

(1b, 2pts) What Likert rating score would you predict for a raisin product that has Low Chewiness, Grey Raisins, Large Package Size, Free Gift, Medium Aroma, and the Same Price as the Market Leader? You may round your answer to the nearest integer.

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