Table 13 Logistic regression equation... | Emerald Publishing

Table 13

Logistic regression equation and its variables

Variables	β	S.E.	Wald	Sig.	Exp(β)
Number of earners in the family (X_1i)	0.089	0.161	0.306	0.580	1.093
Amount of liabilities of a household (X_2i)	−0.002**	0.004	9.331	0.003	0.980
Cost incurred to save in a financial institution (X_3i)	−0.001	0.006	0.018	0.893	0.999
Age of the household head of the family (X_4i)	0.049***	0.011	18.357	0.00	1.050
Years of schooling of the household head of the family (X_5i)	0.031	0.026	1.457	0.227	1.032
Household head is a salaried person (D_1i)	1.236**	0.555	4.960	0.026	3.443
Household head is cultivator (D_2i)	−0.975**	0.498	3.974	0.046	0.377
Household head is a non-agricultural labourer(D_3i)	0.283	0.659	0.184	0.668	1.327
Household head is a self-employed person. (D_4i)	0.137	0.506	0.073	0.787	1.146
Constant	−2.045**	0.858	5.676	0.017	0.129

Variables	β	S.E.	Wald	Sig.	Exp(β)
Number of earners in the family (X_1i)	0.089	0.161	0.306	0.580	1.093
Amount of liabilities of a household (X_2i)	−0.002**	0.004	9.331	0.003	0.980
Cost incurred to save in a financial institution (X_3i)	−0.001	0.006	0.018	0.893	0.999
Age of the household head of the family (X_4i)	0.049***	0.011	18.357	0.00	1.050
Years of schooling of the household head of the family (X_5i)	0.031	0.026	1.457	0.227	1.032
Household head is a salaried person (D_1i)	1.236**	0.555	4.960	0.026	3.443
Household head is cultivator (D_2i)	−0.975**	0.498	3.974	0.046	0.377
Household head is a non-agricultural labourer(D_3i)	0.283	0.659	0.184	0.668	1.327
Household head is a self-employed person. (D_4i)	0.137	0.506	0.073	0.787	1.146
Constant	−2.045**	0.858	5.676	0.017	0.129

Note(s): *, ** and ***- Significant at 10%, 5% and 1% levels, respectively

Source(s): Authors’ own calculation