Table 4. Hierarchical regression model... | Emerald Publishing

Table 4.

Hierarchical regression model

				Collinearity statistics
Item	Model I	Model II	Model III	Tolerance	VIF
Constant	3.668	3.171	2.724
Control variables
Education	0.078	0.081	0.076	0.978	1.023
Gender	0.045	0.032	0.023	0.972	1.029
Independent variables
Financial literacy		0.207**	0.179**	0.966	1.036
Financial inclusion			0.163**	0.966	1.036
Model summary
R	0.085	0.224	0.275
R-square	0.007	0.050	0.076
Adjusted R-square	–0.002	0.037	0.059
R-square change	0.007	0.043	0.026
Model F	0.826	3.998	4.637
Durbin–Watson			1.686

				Collinearity statistics
Item	Model I	Model II	Model III	Tolerance	VIF
Constant	3.668	3.171	2.724
Control variables
Education	0.078	0.081	0.076	0.978	1.023
Gender	0.045	0.032	0.023	0.972	1.029
Independent variables
Financial literacy		0.207**	0.179**	0.966	1.036
Financial inclusion			0.163**	0.966	1.036
Model summary
R	0.085	0.224	0.275
R-square	0.007	0.050	0.076
Adjusted R-square	–0.002	0.037	0.059
R-square change	0.007	0.043	0.026
Model F	0.826	3.998	4.637
Durbin–Watson			1.686

Note(s):

**p < 0.01

Source(s): Authors’ own work