Hi all,
I want to analyse the effect of certain x-variables on Willingness to use (wtu) a product.
The WTU is answered to in the survey in a range from 1 (not willing) untill 5 (highly willing).
So, the y-variable is limited and can take on the values 1,2,3,4 of 5.
What analyses should i use in this case? A standard OLS gives me some information but I know there must be a more correct way.
I want to analyse the effect of certain x-variables on Willingness to use (wtu) a product.
The WTU is answered to in the survey in a range from 1 (not willing) untill 5 (highly willing).
So, the y-variable is limited and can take on the values 1,2,3,4 of 5.
What analyses should i use in this case? A standard OLS gives me some information but I know there must be a more correct way.
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