“42.7 percent of all statistics are made up on the spot.” – Steven Wright

23 Jul

Conjoint & Discrete Choice

Tom Anderson posts that he has read somewhere that only 300 or so Conjoint Analysis studies are done in the US each year. Can that possibly be true? (have I done 1% of all such studies in America???) I see lots of job postings for market research and consumer insight positions that all claim to require experience with conducting conjoint analysis studies—are these just buzzwords? I find such studies remarkably helpful, but only in certain precise circumstances, I guess. Still—300 seems shockingly low to me!