Table A2.

Descriptive statistics of the independent variable and covariates

MeanSD
Control group0.31 
Experimental group 10.35 
Experimental group 20.34 
Gender (= 1 female)0.53 
Academic ability (grade point average)6.780.73
Majors (= 1 finance and Accounting)0.11 
Observations525 

Notes: (1) Academic ability is the average mark of the academic transcript up to the time of the experiment. This information was self-reported by the participants. In the Spanish system, grades fluctuate from 0 to 10, requiring a 5 to pass.

(2) In relation to undergraduate majors, in the category = 0 were included: Business, Business and Law, Economics, Marketing, and Tourism.

(3) For binary or dichotomous variables such as gender and undergraduate majors, and also for a set of dummy variables such as treatment-control groups, the mean represents the percentage of experiment participants in each category

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