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. 2023 May 22:1–20. Online ahead of print. doi: 10.1057/s41264-023-00234-8

Table 6.

The hypothesis statement for mediator effect for this paper

Hypothesis statement Statistical analysis to employ Criterion Threshold
H1 Financial Behaviour mediates the relationship between Financial Literacy and Financial Well-Being Path Analysis in SEM and Bootstrapping Path coefficient estimates and their significance level Significant at 5% significance level, i.e. p value < 5%
H2 Financial Behaviour mediates the relationship between Financial Socialisation and Financial Well-Being Path Analysis in SEM and Bootstrapping Path coefficient estimates and their significance level Significant at 5% significance level, i.e. p value < 5%
H3 Financial Behaviour mediates the relationship between Self-Control and Financial Well-Being Path Analysis in SEM and Bootstrapping Path coefficient estimates and their significance level Significant at 5% significance level, i.e. p value < 5%
H4 Financial Behaviour mediates the relationship between Financial Technology and Financial Well-Being Path Analysis in SEM and Bootstrapping Path coefficient estimates and their significance level Significant at 5% significance level, i.e. p value < 5%