Perceptual maps and multidimensional scaling - Attribute vector fitting
4 important questions on Perceptual maps and multidimensional scaling - Attribute vector fitting
What method can be used as a more objective means of interpretation of perceptual maps?
What are the steps of vector fitting?
- Pre-process the data by standardizing the dimension coordinates such that each dimension in the MDS had a mean of 0 and a standard deviation of 1. Do this by transforming into z-scores.
- Run a series of multiple regression models, one for each attribute, with attributes as dependent variables and the coordinates of the brands in the perceptual map as the independent variables (e.g. diet = b0 + b1zdimI + b2zdimII).
- We then get values for b1 and b2, which are the x and y values of the head of the attribute vector.
What are the 3 different choices of plotting vectors and how are they depicted?
- Using normed b-weights - vector head
- Using raw b-weights - diamond shape
- Using betas - star shape
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What are the different reasons for choosing each vector type?
- Normed b-values - putting all vectors on equal footing. All attributes will fall on a circle. Useful when you are only interested in direction.
- Raw b-weights - maintains directionality but the lengths reflect the variances of the attributes as well as the R^2 or how well the vector fits the space.
- Beta weights - maintains directionality and the R^2 or fits in space, but the lengths are corrected for the attribute variances.
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