RESULTS

Psychographic Factors
Demographic (AGE) Knowledge Attitude Behavior
26-29 4.074549098 4.550300601 4.211222445
30-33 4.081947262 4.554158215 4.213793103
34-37 4.031308411 4.53217028 4.172429907
38-41 4.07704918 4.54795082 4.21147541
MEAN 4.066213488 4.546144979 4.202230216

Table 1. The data above shows the weighted mean of each age-group for
each psychographic factor.

Hypothesis
Ho: µ1 = µ2 = µ3 (The means of the three psychographic factors are equal).
Ha: At least one mean is different (The means of the three psychographic factors are NOT equal).

Testing the hypothesis using one-way ANOVA

AGE

SUMMARY
Groups Count Sum Average Variance
Knowledge 4 16.26485395 4.066213488 0.0006
Attitude 4 18.18457992 4.546144979 0.0001
Behavior 4 16.80892087 4.202230216 0.0004

ANOVA
P-
Source of Variation SS df MS F value F crit
Between Groups 0.4895 2 0.2447 705.7728 0.0000 4.2565
Within Groups 0.0031 9 0.0003

Total 0.4926 11
Level of significance 0.05

Since the P-value is < level of significance, reject Ho. There is a significant difference
between the means. Therefore, the means of the three psychographic factors are NOT
equal. At least one is different. There is less than a 5% probability that the null
hypothesis is true.

Hypothesis
Ho: There is no significant difference between the two means. Ha:
There is a significant difference between the two means.

Testing the hypothesis using Tukey-Kramer Multiple Comparisons

AGE

Sample Sample
Group Mean Size
1: Knowledge 4.066213 4
2: Attitude 4.546145 4
3: Behavior 4.20223 4

Other Data
Level of
significance 0.05
Numerator d.f. 3
Denominator d.f. 9
MSW 0.000347
Q Statistic 3.948

Absolute Std. Error Critical

Range
Comparison Difference of Difference (T)
Group 1 to Group 2 0.479931 0.009310892 0.037
Group 1 to Group 3 0.136017 0.009310892 0.037
Group 2 to Group 3 0.343915 0.009310892 0.037
Results
Means are different
Means are different
Means are different

Since 0.479931 > T, reject Ho. There is a significant difference between the means of
Financial Knowledge and Financial Attitude in the different age-groups.

Since 0.136017 > T, reject Ho. There is a significant difference between the means of
Financial Knowledge and Financial Behavior in the different age-groups.

Since 0.343915 > T, reject Ho. There is a significant difference between the means of
Financial Attitude and Financial Behavior in the different age-groups.
 Psychographic Factors
Demographics (GENDER) Knowledge Attitude Behavior
MALE 3.993296089 4.465921788 4.144134078
FEMALE 4.158695652 4.630434783 4.286231884
LGBTQIA M BIO 4.0375 4.3875 4.1375
LGBTQIA F BIO 3.827586207 4.413793103 3.979310345
MEAN 4.004269487 4.474412419 4.136794077

Table 2. The data above shows the weighted mean of each gender-group for each
psychographic factor.

Hypothesis
Ho: µ1 = µ2 = µ3 (The means of the three psychographic factors are equal).
Ha: At least one mean is different (The means of the three psychographic factors are NOT equal).

Testing the hypothesis using one-way ANOVA

GENDER

SUMMARY
Groups Count Sum Average Variance
Knowledge 4 16.01707795 4.004269487 0.0188
Attitude 4 17.89764967 4.474412419 0.0119
Behavior 4 16.54717631 4.136794077 0.0157

ANOVA
P-
Source of Variation SS df MS F value F crit
Between Groups 0.4701 2 0.2351 15.2063 0.0013 4.2565
Within Groups 0.1391 9 0.0155

Total 0.6092 11
Level of significance 0.05

Since the P-value is < level of significance, reject Ho. There is a significant difference
between the means. Therefore, the means of the three psychographic factors are NOT
equal. At least one is different. There is less than a 5% probability that the null
hypothesis is true.
Hypothesis
Ho: There is no significant difference between the two means. Ha:
There is a significant difference between the two means.

Testing the hypothesis using Tukey-Kramer Multiple Comparisons

GENDER

Sample Sample
Group Mean Size
1: Knowledge 4.004269 4
2: Attitude 4.474412 4
3: Behavior 4.136794 4

Other Data
Level of
significance 0.05
Numerator d.f. 3
Denominator d.f. 9
MSW 0.015458
Q Statistic 3.948

Absolute Std. Error Critical

Range
Comparison Difference of Difference (T) Results
Group 1 to Group 2 0.470143 0.062164611 0.245 Means are different
Group 1 to Group 3 0.132525 0.062164611 0.245 Means are not different
Group 2 to Group 3 0.337618 0.062164611 0.245 Means are different

Since 0.470143 > T, reject Ho. There is a significant difference between the means of
Financial Knowledge and Financial Attitude in the different gender-groups.

Since 0.132525 < T, do not reject Ho. There is NO significant difference between the
means of Financial Knowledge and Financial Behavior in the different gender-groups.

Since 0.337618> T, reject Ho. There is a significant difference between the means of
Financial Attitude and Financial Behavior in the different gender-groups.
 Psychographic Factors
Demographic (CIVIL STATUS) Knowledge Attitude Behavior
Single 4.083815029 4.552601156 4.215028902
Married 4.062162162 4.543243243 4.22027027
Separated 3.4 4.6 3.3
Widowed 4.3 4.7 4.2
MEAN 3.961494298 4.5989611 3.983824793

Table 3. The data above shows the weighted mean of each civil status-group for each
psychographic factor.

Hypothesis
Ho: µ1 = µ2 = µ3 (The means of the three psychographic factors are equal).
Ha: At least one mean is different (The means of the three psychographic factors are NOT equal).

Testing the hypothesis using one-way ANOVA

CIVIL STATUS

SUMMARY
Groups Count Sum Average Variance
Knowledge 4 15.84597719 3.961494298 0.1517
Attitude 4 18.3958444 4.5989611 0.0052
Behavior 4 15.93529917 3.983824793 0.2079

ANOVA
P-
Source of Variation SS df MS F value F crit
Between Groups 1.0470 2 0.5235 4.3062 0.0487 4.2565
Within Groups 1.0941 9 0.1216

Total 2.1411 11
Level of significance 0.05

Since the P-value is < level of significance, reject Ho. There is a significant difference
between the means. Therefore, the means of the three psychographic factors are NOT
equal. At least one is different. There is less than a 5% probability that the null
hypothesis is true.

Hypothesis
Ho: There is no significant difference between the two means. Ha:
There is a significant difference between the two means.
Testing the hypothesis using Tukey-Kramer Multiple Comparisons
CIVIL STATUS

Sample Sample
Group Mean Size
1: Knowledge 3.961494 4
2: Attitude 4.598961 4
3: Behavior 3.983825 4

Other Data
Level of
significance 0.05
Numerator d.f. 3
Denominator d.f. 9
MSW 0.12157
Q Statistic 3.948

Absolute Std. Error Critical

Range
Comparison Difference of Difference (T) Results
Group 1 to Group 2 0.637467 0.174334598 0.688 Means are not different
Group 1 to Group 3 0.02233 0.174334598 0.688 Means are not different
Group 2 to Group 3 0.615136 0.174334598 0.688 Means are not different

Since 0.637467 < T, reject Ho. There is NO significant difference between the means of
Financial Knowledge and Financial Attitude in the different civil status-groups.

Since 0.02233 < T, do not reject Ho. There is NO significant difference between the means
of Financial Knowledge and Financial Behavior in the different civil status-groups.

Since 0.615136 < T, reject Ho. There is NO significant difference between the means of
Financial Attitude and Financial Behavior in the different civil status-groups.
 Psychographic Factors
Demographic (DEGREE) Knowledge Attitude Behavior
Undergraduate 4.111538462 4.494871795 4.21025641
Bachelor's Degree 4.00565371 4.566784452 4.189399293
Master's Degree 4.289285714 4.639285714 4.325
Doctorate Degree 4.6 4.44 4.36
MEAN 4.251619472 4.53523549 4.271163926

Table 4. The data above shows the weighted mean of each degree-group for each
psychographic factor.

Hypothesis
Ho: µ1 = µ2 = µ3 (The means of the three psychographic factors are equal).
Ha: At least one mean is different (The means of the three psychographic factors are NOT equal).

Testing the hypothesis using one-way ANOVA

DEGREE

SUMMARY
Groups Count Sum Average Variance
Knowledge 4 17.00647789 4.251619472 0.0676
Attitude 4 18.14094196 4.53523549 0.0075
Behavior 4 17.0846557 4.271163926 0.0071

ANOVA
P-
Source of Variation SS df MS F value F crit
Between Groups 0.2007 2 0.1004 3.6629 0.0686 4.2565
Within Groups 0.2466 9 0.0274

Total 0.4474 11
Level of significance 0.05

Since the P-value is > level of significance, do not reject Ho. There is NO significant
difference between the means. Therefore, the means of the three psychographic factors
are equal.
 Psychographic Factors
Demographic (OCCUPATION) Knowledge Attitude Behavior
Full-Time Occupation 4.0764 4.5512 4.2128
Part-Time Occupation 4.066244726 4.544725738 4.202953586
Entrepreneur 4.071428571 4.550840336 4.206302521
Freelance 4.044247788 4.531858407 4.18539823
Student 4.075720165 4.553497942 4.208641975
Unemployed 4.053215078 4.533924612 4.189800443
MEAN 4.064542721 4.544341173 4.200982793

Table 5. The data above shows the weighted mean of each occupation-group for each
psychographic factor.

Hypothesis
Ho: µ1 = µ2 = µ3 (The means of the three psychographic factors are equal).
Ha: At least one mean is different (The means of the three psychographic factors are NOT equal).

Testing the hypothesis using one-way ANOVA

OCCUPATION

SUMMARY
Groups Count Sum Average Variance
Knowledge 6 24.38725633 4.064542721 0.0002
Attitude 6 27.26604704 4.544341173 0.0001
Behavior 6 25.20589676 4.200982793 0.0001

ANOVA
P-
Source of Variation SS df MS F value F crit
Between Groups 0.7334 2 0.3667 2907.2877 0.0000 3.6823
Within Groups 0.0019 15 0.0001

Total 0.7353 17
Level of significance 0.05

Since the P-value is < level of significance, reject Ho. There is a significant difference
between the means. Therefore, the means of the three psychographic factors are NOT
equal. At least one is different. There is less than a 5% probability that the null
hypothesis is true.
Hypothesis
Ho: There is no significant difference between the two means. Ha:
There is a significant difference between the two means.

Testing the hypothesis using Tukey-Kramer Multiple Comparisons

OCCUPATION

Sample Sample
Group Mean Size
1: Knowledge 4.064543 6
2: Attitude 4.544341 6
3: Behavior 4.200983 6

Other Data
Level of
significance 0.05
Numerator d.f. 3
Denominator d.f. 15
MSW 0.000126
Q Statistic 3.673

Absolute Std. Error Critical

Range
Comparison Difference of Difference (T) Results
Group 1 to Group 2 0.479798 0.004585072 0.017 Means are different
Group 1 to Group 3 0.13644 0.004585072 0.017 Means are different
Group 2 to Group 3 0.343358 0.004585072 0.017 Means are different

Since 0.479798 > T, reject Ho. There is a significant difference between the means of
Financial Knowledge and Financial Attitude in the different occupation-groups.

Since 0.13644 > T, reject Ho. There is a significant difference between the means of
Financial Knowledge and Financial Behavior in the different occupation-groups.

Since 0.343358 > T, reject Ho. There is a significant difference between the means of
Financial Attitude and Financial Behavior in the different occupation-groups.
 Psychographic Factors
Demographic (DISPOSABLE INCOME) Knowledge Attitude Behavior
below 10,957 4.149295775 4.476056338 4.233802817
10,958 - 21,914 3.963025210 4.393277311 4.053781513
21,915 - 43,828 4.077844311 4.627544910 4.268263473
43,829 - 76,669 4.034782609 4.559420290 4.165217391
76,670 - 131,484 4.2 4.706382979 4.336170213
131,485 - 219,140 4.236363636 4.8 4.436363636
219,141 and above 4.2875 4.6 4.4125
MEAN 4.135544506 4.594668833 4.272299863

Table 6. The data above shows the weighted mean of each disposable income-group for each
psychographic factor.

Hypothesis
Ho: µ1 = µ2 = µ3 (The means of the three psychographic factors are equal).
Ha: At least one mean is different (The means of the three psychographic factors are NOT equal).

Testing the hypothesis using one-way ANOVA

DISPOSABLE INCOME

SUMMARY
Groups Count Sum Average Variance
Knowledge 7 28.94881154 4.135544506 0.0135
Attitude 7 32.16268183 4.594668833 0.0186
Behavior 7 29.90609904 4.272299863 0.0186

ANOVA
P-
Source of Variation SS df MS F value F crit
Between Groups 0.7780 2 0.3890 23.0450 0.0000 3.5546
Within Groups 0.3038 18 0.0169

Total 1.0818 20
Level of significance 0.05

Since the P-value is < level of significance, reject Ho. There is a significant difference
between the means. Therefore, the means of the three psychographic factors are NOT
 equal. At least one is different. There is less than a 5% probability that the null
hypothesis is true.

Hypothesis
Ho: There is no significant difference between the two means. Ha:
There is a significant difference between the two means.

Testing the hypothesis using Tukey-Kramer Multiple Comparisons

DISPOSABLE INCOME

Sample Sample
Group Mean Size
1: Knowledge 4.135545 7
2: Attitude 4.594669 7
3: Behavior 4.2723 7

Other Data
Level of
significance 0.05
Numerator d.f. 3
Denominator d.f. 18
MSW 0.01688
Q Statistic 3.609

Absolute Std. Error Critical

Range
Comparison Difference of Difference (T) Results
Group 1 to Group 2 0.459124 0.049105615 0.177 Means are different
Group 1 to Group 3 0.136755 0.049105615 0.177 Means are not different
Group 2 to Group 3 0.322369 0.049105615 0.177 Means are different

Since 0.459124 > T, reject Ho. There is a significant difference between the means of
Financial Knowledge and Financial Attitude in the different disposable income-groups.

Since 0.136755 < T, do not reject Ho. There is NO significant difference between the
means of Financial Knowledge and Financial Behavior in the different disposable
income-groups.
Since 0.322369 > T, reject Ho. There is a significant difference between the means of
Financial Attitude and Financial Behavior in the different disposable income-groups.