We have done a Maxdiff study (Best – Worst response) with 18 statements and after generating utilities and taking exponential of the utilities we have arrived at the share of preference for each of the statements as mentioned below.
Code Statements Netting Share of Preference
1 Statement 1 Group 1 4.37
2 Statement 2 Group 1 5.15
3 Statement 3 Group 1 3.76
4 Statement 4 Group 2 8.61
5 Statement 5 Group 2 7.27
6 Statement 6 Group 2 2.20
7 Statement 7 Group 2 6.02
8 Statement 8 Group 2 5.31
9 Statement 9 Group 3 7.19
10 Statement 10 Group 4 3.37
11 Statement 11 Group 4 3.63
12 Statement 12 Group 4 5.03
13 Statement 13 Group 5 3.29
14 Statement 14 Group 5 4.20
15 Statement 15 Group 6 15.47
16 Statement 16 Group 6 7.19
17 Statement 17 Group 6 1.30
18 Statement 18 Group 6 6.64
Now the 18 statements can be clubbed into 6 groups based on their characteristics and the number of statements varies from one group to another. We need to find out the share of preference for the 6 groups and for that we are simply adding up the statements falling in each group. However, the group having more statements may have more SOP which will better its rank of order. The table below has the number of statements and share of preference for each groups.
Groups Statements SOP
Group 1 3 13.28
Group 2 5 29.41
Group 3 1 7.19
Group 4 3 12.03
Group 5 2 7.49
Group 6 4 30.60
Is there any other / better way of calculating the share of preference for the groups nullifying the effect of number of statements in the group? Look forward for your response.