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This graphic is explained in the accompanying text Example: Calculation of Importance

A survey contains the following questions:

The possible answers for each question fall into the following range:

Customers return the following results:

Customer

Question

Answer (Valuation)

1

0

80

1

1

40

1

2

80

2

0

80

2

1

20

2

2

80

3

0

100

3

1

60

3

2

100

   

 

Linear regression expresses for the addressed customers the relationship between their answers to question 0 and their answers to questions 1 and 2 (equation A):

Answer (question 0) = constant + a_1 * answer (question 1) + a_2 * answer (question 2)

The equation can be expressed more generally as follows:

y = a0 + a1 * x1+ a2 * x2 + …

The regression coefficients a1 and a2 are determined in such a way that all answers for question 0 have a minimum standard variance to the answers to question 0 calculated on the right-hand side of equation A.

Let us assume that the calculation for the above survey yields the following results:

The standardized regression coefficient, called "importance", is corrected by its own standard variances and the standard variance of x0:

a' = a * standard variance (x) / standard variance (y)

If, for example, the result below is obtained, then it means that the overall satisfaction (question 0) is mainly determined by question 2. Question 1 is only half as important as question 2.

Meaningfulness of the Results

The first value that returns the meaningfulness of the results is the standard error that expresses the relationship between the answers received for question 0 and the calculated answers (right-hand side of equation A).

Possible results:

This is interpreted as a standard error of 5%, which means that the calculation contains a high level of inaccuracy.

If the calculated F test returns a significance of over 0.95, then the calculated regression coefficients show with 95% significance a meaningful relationship between question 0 on the one side and questions 1 and 2 on the other side.

Possible results of the T tests:

In the same way as the F test, the T test for the individual regression coefficients describes the significance of a meaningful relationship between y and the respective x parameter. In the example used here, a2 obtains a high significance value whereas that obtained by a1 is too low. In cases where significance falls below 95%, it is advisable to check the meaningfulness of the results with another customer group.

 

 

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