Research Article

Assessment of Financial Literacy and Its Impact on Investor’s Decisions in Saudi Arabia: A Study in the Context of Enabling Financial Planning to Strengthen Economic Development

Table 10

Variation analysis of the variables of ANOVA.

ANOVAa
ModelSum of squaresDfMean squareFSig

1Regression121.4001121.400203.2390.000b
Residual36.1203580.100
Total157.520359

2Regression139.6301139.630794.1140.000c
Residual17.8903580.049
Total157.520359

3Regression143.7961143.796750.9870.000d
Residual13.7243580.038
Total157.520359

4Regression139.7061139.706807.6160.000e
Residual17.8143580.049
Total157.520359

a. Dependent variable: investor’s investment decisions. b. Predictors: (constant), financial decisions. c. Predictors: (constant), financial planning. d. Predictors: (constant), selection of financial products. e. Predictors: (constant), financial literacy awareness program.