Descriptives of participants
| Descriptives | Non-professionals n = 80 | Finance students n = 28 | Professionals n = 33 | Significance tests |
|---|---|---|---|---|
| Age in years [M, (SD)] | 61.92a (12.72) | 24.21b (3.37) | 46.73c 12.69) | F(2,138) = 113.76, p < 0.001 |
| Sex (% men) | 87.5 | 85.7 | 93.9 | χ2(2) = 1.26, p = 0.532 |
| Higher finance education (%) | 20.0a | 50.0 b | 78.8c | χ2(2) = 35.22, p < 0.001 |
| Self-rated stock-market knowledge (1–7) [M, (SD)] | 4.60a (1.39) | 4.50a (0.92) | 6.15b (1.25) | F(2,138) = 19.23, p < 0.001 |
| Descriptives | Non-professionals | Finance students | Professionals | Significance tests |
|---|---|---|---|---|
| Age in years [M, (SD)] | 61.92a (12.72) | 24.21b (3.37) | 46.73c 12.69) | |
| Sex (% men) | 87.5 | 85.7 | 93.9 | |
| Higher finance education (%) | 20.0a | 50.0 b | 78.8c | |
| Self-rated stock-market knowledge (1–7) [M, (SD)] | 4.60a (1.39) | 4.50a (0.92) | 6.15b (1.25) |
Note(s): Values with different subscripts differ significantly at p < 0.05 in Bonferroni-corrected post hoc tests
Source(s): Authors' own creation/work