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Dr. Paddock is a counseling psychologist who is interested in decreasing adjustment issues in first-year college students. She is curious if having students create collages of their first few weeks of school and then mail them home will help students feel they have integrated their new life with their old and, as a result, will help them feel less homesick. She samples a group of 100 incoming college freshmen at her university and measures how homesick they are during the first week of school. During week 4 of school, she has them make the collage and send it home. During week 7 of school, she measures their homesickness again. She notices a significant reduction in the amount of homesickness from the pretest to the posttest and concludes that her treatment is effective.
Imagine in Dr. Paddock's study that only 90 of the original participants completed the measure of homesickness during week 7 (10 participants had left the university and were unavailable). Name two things that Dr. Paddock can do to address this possible threat to internal validity and why these should be done.
Finance Company
A business that provides loans to individuals and companies, aside from traditional banking institutions, often specializing in certain types of loans.
Discounted
refers to a price that has been reduced from the original or list price, often to encourage sales or clear inventory.
Maturity Value
The amount payable to the holder of a financial instrument upon its maturity, including both the principal and the interest.
360-Day Year
A financial convention that simplifies the interest calculation by assuming a year has 360 days.
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