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Hi, I carried out MaxDiff using Hierarchical Bayes estimation with 730 respondents, following the steps of the tutorial on carrying out MaxDiff. The standard deviation for all the MaxDiff scores (descriptive statistics, showing the mean scores of all the attributes) are rather high and this concerns me. However in the example provided in the tutorial I noticed in the results section that the standard deviations were also pretty high and these weren't commented on. Is it usual for the standard deviation to be high for MaxDiff and should it be an area of big concern? I also noticed tests of significance weren't carried out for the mean scores of the attributes; is this also usual with Max Diff?Thanking you,Aidan
Thank you for this very interesting question.
The Standard Deviation will change according to the number of MaxDiff respondents you have. In our online tutorial, we have very few respondents (5), which tends to widen the standard deviation. High standard deviations in your data may arise from the fact that there is no clear preference pattern among your attributes. In this case, the MaxDiff scores are not very reliable.
Can you please give us more details on the p-values you are mentioning? Do you mean comparing MaxDiff mean scores between attributes? Do you have a reference on that to share?
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