Discrete-Choice Analysis

Where StatWizards Help

StatWizards help reduce time and costs in three of the six steps in a typical discrete-choice project.

Describe product attributes and levels
>
Construct experimental design
>
Recruit sample / generate questionnaire
>
Send
to
field
>
Setup
data
>
Estimate model
>
Build simulator
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Key sources of project time, cost and complexity

The Experimental Design Builder constructs an experimental design from a list of product attributes and levels.

The Data Setup Facilitator rearranges data to conform to the most popular discrete-choice estimation packages.

The Simulator Builder reads text output from the most popular estimation programs and generates an Excel-based marketplace simulator.

Suite Features
Each wizard can stand alone, yet benefits from the other wizards.

  • The Data Wizard can automatically incorporate designs produced by the Design Wizard.
  • The Simulator Wizard can automatically incorporate information from both Data and Design Wizards.
  • Common look and feel resembles Microsoft wizards, making them easy to learn and use.
Suite Benefits
  • Payback is immediate.
  • Cost savings from just one project can exceed the cost of the entire suite.
  • Seat discounts boost the return even more.