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 class="table-group" id="tab8"><tr><td><table class="table"><tr><td class="thead-hr" colspan="7"><hr/></td></tr><tr class="thead"><td class="align_center" colspan="7">Investors’ investment decisions = a + b financial literacy awareness program</td></tr><tr class="thead"><td class="align_center" colspan="7">Regression model summary<sup>b</sup> 4</td></tr><tr class="thead"><td class="align_left">Model</td><td class="align_center"><i>R</i></td><td class="align_center"><i>R</i> square</td><td class="align_center">Adjusted <i>R</i>square</td><td class="align_center">Std. error of the estimate</td><td class="align_center"><i>F</i> change</td><td class="align_center">Significance <i>F</i></td></tr><tr><td class="thead-hr" colspan="7"><hr/></td></tr><tr><td class="align_left">4</td><td class="align_center">0.941<sup>a</sup></td><td class="align_center">0.886</td><td class="align_center">0.886</td><td class="align_center">0.223</td><td class="align_center">807.616</td><td class="align_center">0.000</td></tr><tr class="table-tr"><td colspan="7"><hr class="tbody-hr"/></td></tr></table></td></tr><tr class="table-fn"><td><div>a. Predictors: (constant), financial literacy awareness program. b. Dependent variable: investor’s investment decisions.<br/></div></td></tr></table>

<div>Estimation of the standard deviation-model summary (independent variable-financial literacy awareness program).</div>

Discrete Dynamics in Nature and Society

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Table 8

Table 8: 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 8 | 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 