Conjoint Analysis Sample Size Calculator
Introduction & Importance
Conjoint analysis is a powerful market research technique used to determine how people value the different attributes that make up an individual product or service. The sample size calculator is a crucial tool to ensure the reliability and validity of your conjoint analysis.
How to Use This Calculator
- Enter the number of alternatives (n) in your study.
- Enter the number of attributes (k) in your study.
- Select the desired reliability (r) level.
- Click ‘Calculate’ to find the recommended sample size.
Formula & Methodology
The sample size formula used in this calculator is based on the work of Orme (2005):
N = (k * (n – 1)) / (r * (1 – r) * (k – 1))
Real-World Examples
Data & Statistics
| Number of Alternatives (n) | Number of Attributes (k) | Reliability (r) | Sample Size (N) |
|---|
Expert Tips
- Always strive for the highest reliability level that your resources allow.
- Consider using a fractional factorial design to reduce the number of profiles needed.
- Pilot test your survey to ensure clarity and accuracy.
Interactive FAQ
What is conjoint analysis?
Conjoint analysis is a market research technique…
Learn more about conjoint analysis from the U.S. Census Bureau
Explore conjoint analysis resources from the University of California, Berkeley