Solved

Psychologists Have Found That People Are Generally Reluctant to Transmit

question 45

Multiple Choice

Psychologists have found that people are generally reluctant to transmit bad news to their peers. This phenomenon has been named the "MUM effect." To investigate the cause of the MUM effect, undergraduates at a university participated in an experiment. Each subject was asked to administer an IQ test to another student and then provide the test taker with his or her percentile score. (Unknown to the subject, the test taker was a bogus student who was working with the researchers.) The experimenters manipulated two factors, subject visibility and success of test taker, each at two levels. Subject visibility was either visible or not visible to the test taker. Success of test taker was either top 20% or bottom 20%. Five subjects were randomly assigned to each of the 2 x 2 = 4 experimental conditions. Then the time (in seconds) between the end of the test and the delivery of the percentile score from the subject to the test taker was measured. (This variable is called the latency to feedback.) What type of experimental design was employed in this study?

Definitions:

Effective Rate

The effective rate, also known as the annual equivalent rate, is the interest rate on an investment or loan that accounts for the effects of compounding over a given period.

APR

Annual Percentage Rate, which is the interest rate for a whole year (annualized), rather than just a monthly fee/rate, as applied on a loan, credit card, etc.

Rate Of Return

The appreciation or depreciation of an investment over a set period, quantified as a percentage of the investment's starting value.

Cash Flows

The net amount of cash being transferred into and out of a business, reflecting operational, investing, and financial activities.