Question: Segmentation Analysis ( 1 2 0 points ) : 1 . Describe the context of this case. That is , what is the purpose for

Segmentation Analysis (120 points): 1. Describe the context of this case. That is, what is the purpose for conducting this segmentation analysis? (10 points)2. What are the primary segmentation variables used in this analysis? (refer to the case Appendix)(10 points)3. How many segments emerged from the data? Using the Segment Description data (i.e., segment size and segment description charts), to summarize each segment based on their importance ratings relative to the population. (20 points)4. Take a look at the segment space. While this might be a little challenging, tell me what you can learn about the segments from their positioning relative to the two components (x and y axis). In your answer, be sure to infer what factors x and y represent. (20 points)5. Take a look at the descriptor, table in the discriminant analysis section. Do the descriptors chosen for this model discriminate well? Why or why not? (10 points)6. From the discriminant analysis, it appears that there are a few descriptors that offer some discrimination among segments. Describe the segments based on this analysis (the color chart is quite helpful and be sure to go back to the case to see how these measures are coded).(10 points)7. The discriminant model section shows the set of predictive models used to assign observations (people) to clusters using a multinomial logit model. In multinomial logit, there are n-1 equations where n equals the number of clusters. A predicted probability is calculated for each person, for each segment. Observations are then assigned to a cluster based on the cluster for which they received the highest probability. The confusion matrix is created by showing the number of correct/incorrect assignments of the discriminant analysis compared to that of the cluster analysis. So, the cluster analysis provides the actual assignment, and the discriminant analysis provides the predicted assignment. Overall, how well does this model perform in classifying observations? (30 points)8. Discuss the model quality for the 3-cluster solution. (10 points) Positioning Analysis (70 points): 1. A three-dimension solution emerges as opposed to a two-dimension solution. Explain the solution. (20 points)2. Skip down to the summary section of the Attributes, section and describe the dimensions by summarizing the information in the chart. (10 points)3. Characterize the perception of Kirin, specifically, using its position on the three maps. (20 points)4. Do the maps offer any evidence that changing the price of Kirin would be advantageous? (20 points)Conjoint Analysis (110 points):1. List the product attribute and attribute levels used in the conjoint analysis. (10 points)2. Describe the task respondents completed. That is, describe the method by which the data were collected. (10 points)3. Take a look at the Report Preference Partworths, output. For each attribute, indicate which level resulted in the highest average preference partworth. (10 points)4. Based on the Simulations with Existing Products, how much market share does Kirin hold? (10 points)5. Now, look at the Simulation with New Products. Describe the new Kirin. How much market share will it gain if introduced? (30 points)6. Based on these simulations, how would you recommend Kirin modify the new formulation to meet consumer preferences optimally? (40 points)

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