Table I. ANOVA results of biases vs...

Table I.

ANOVA results of biases vs annual income

S. no	Bias	F value	p-value
1	Mental accounting	7.358	0.000
2	Anchoring	2.581	0.026
3	Gambler’s fallacy	1.145	0.336
4	Availability	2.610	0.024
5	Loss aversion	2.821	0.016
6	Regret aversion	1.285	0.269
7	Representativeness	2.667	0.022
8	Overconfidence	6.549	0.000

S. no	Bias	F value	p-value
1	Mental accounting	7.358	0.000
2	Anchoring	2.581	0.026
3	Gambler’s fallacy	1.145	0.336
4	Availability	2.610	0.024
5	Loss aversion	2.821	0.016
6	Regret aversion	1.285	0.269
7	Representativeness	2.667	0.022
8	Overconfidence	6.549	0.000

Note:

Italics represent the p-value is less than the alpha value of 0.05 hence rejected at 0.05 level

Source: Author elaboration

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