Table 6. The impact of the educational...

Table 6.

The impact of the educational intervention on borrowing intentions: significance test of the indirect effect

Estimated coefficient, $\hat{a}$	Estimated coefficient, $\hat{b}$	Indirect effect, $\hat{a} \times \hat{b}$
Exposure to financial education → debt attitude	Debt attitude → behavioral intention	Observed coef.	Bootstrap std. Err.	[95% conf. interval]
0.375	0.497	0.186	0.060	0.069	0.304

Estimated coefficient, $\hat{a}$	Estimated coefficient, $\hat{b}$	Indirect effect, $\hat{a} \times \hat{b}$
Exposure to financial education → debt attitude	Debt attitude → behavioral intention	Observedcoef.	Bootstrap std. Err.	[95% conf. interval]
0.375	0.497	0.186	0.060	0.069	0.304

Notes:

There is a statistically significant indirect effect because zero is not in the 95% confidence interval. Bootstrap results for indirect effect: reps = 2,000 (n = 525). The analysis was performed using Stata® 17 statistical software

Source: Author’s elaboration

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