Distribution of experiment participants
| One-way ANOVA | |||||
|---|---|---|---|---|---|
| Gender (= 1 female) | Academic ability | Majors (= 1 finance and Accounting) | |||
| Frequency | % | Mean | Mean | Mean | |
| Control group | 162 | 30.86 | 0.48 | 6.71 | 0.12 |
| Experimental group 1 | 183 | 34.86 | 0.54 | 6.77 | 0.07 |
| Experimental group 2 | 180 | 34.29 | 0.57 | 6.86 | 0.13 |
| Total experiment participants | 525 | 100.00 | |||
| Analysis of variance | |||||
| F | 1.29 | 1.88 | 2.09 | ||
| Prob. > F | 0.275 | 0.153 | 0.125 | ||
| One-way ANOVA | |||||
|---|---|---|---|---|---|
| Frequency | % | Mean | Mean | Mean | |
| Control group | 162 | 30.86 | 0.48 | 6.71 | 0.12 |
| Experimental group 1 | 183 | 34.86 | 0.54 | 6.77 | 0.07 |
| Experimental group 2 | 180 | 34.29 | 0.57 | 6.86 | 0.13 |
| Total experiment participants | 525 | 100.00 | |||
| Analysis of variance | |||||
| 1.29 | 1.88 | 2.09 | |||
| Prob. > | 0.275 | 0.153 | 0.125 | ||
Notes: (1) For the binary variables of gender and majors, the mean represents the proportion of experiment participants in the category equal to 1. [In relation to undergraduate majors, in the category = 0 were included: Business, Business and Law, Economics, Marketing, and Tourism]. For large samples (n > 30), Park (2009) showed that the difference between comparing means and proportions becomes negligible.
(2) Academic ability is the self-reported average mark of the academic transcript up to the time of the experiment. Grading in the Spanish system ranges from 0 (minimum) to 10 (maximum).
(3) The one-way ANOVA uses the F-statistic to test if all groups have the same mean (null hypothesis). For participants’ sociodemographic characteristics considered in the table, the p-value is greater than 0.05, so we fail to reject the null hypothesis