Question: [ Use the following information for this question. ] You run a tea business and decide to use conjoint analysis to determine consumer preferences. You

[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 Error
t Stat
P-value
Intercept
2.25
0.829
2.713
0.053
Strength of Tea
-0.5
0.829
0.01
0.542
Origin of Tea
-2
0.829
-0.72
0.024
Flavor of Tea
3
0.829
0.98
0.022
According to the output, which is true?
Question 8 options:
Consumers prefer strong teas
Consumers prefer teas from foreign countries
Consumers prefer unflavored teas
Consumers prefer tea from the United States

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