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A psychologist was interested in gauging the success of a mood manipulation during one of her experiments. She had three groups of participants who underwent different types of mood induction: disgust mood induction, negative mood induction and positive mood induction. After the mood induction, participants were asked to endorse nine statements relating to their mood (on a 5-point Likert scale from 1 = disagree to 5 = agree) : (1) When you're smiling the whole world smiles with you, (2) I love the pretty flowers, (3) I could never touch a dead body, (4) I would never eat catfood, (5) If someone served me monkey brain soup I would vomit, (6) I feel fed up, (7) Bodily fluids are nasty, (8) I could not drink from a glass that I'd used to catch a spider, (9) I am a worthless piece of scum.
- What analysis should be done to see if the mood inductions had an effect on responses to these nine items?
Factoring
Factoring is a financial transaction where a business sells its accounts receivable to a third party (the factor) at a discount, to raise immediate capital.
Accounts Receivable
Money owed to a company by its customers for products or services delivered but not yet paid for.
Without Recourse
A term indicating that the seller of an asset is not responsible for the buyer's losses if the asset fails to perform as expected.
Bad Debt Risk
The probability that loans or receivables will not be collected and will result in a loss for the lender or creditor.
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