Hello, forum,
I want to calculate means/medians budget shares on the choices that consumers made from different choice sets. The attached excel sheet shows budget shares on the choice set one. Consumers were allocated with eight different choices to choose and allocate a share of the given budget on the varieties of their choices. The assumption was that; consumer must allocate the given budget on the choices he made. The varieties allocated zeros across eight choices show the given varieties was not chosen. Now, I want to ignore the zeros allocations and consider only non-zeros allocations to calculate the means/median budget share on each variety. Which command is suitable for this analysis?
Thanks.
I want to calculate means/medians budget shares on the choices that consumers made from different choice sets. The attached excel sheet shows budget shares on the choice set one. Consumers were allocated with eight different choices to choose and allocate a share of the given budget on the varieties of their choices. The assumption was that; consumer must allocate the given budget on the choices he made. The varieties allocated zeros across eight choices show the given varieties was not chosen. Now, I want to ignore the zeros allocations and consider only non-zeros allocations to calculate the means/median budget share on each variety. Which command is suitable for this analysis?
Thanks.
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