Table 2.

Mean and median subjective discount rate (SDR), by sociodemographic variables (continued on next page).

					Kruskal difference b Wallis test etween gro of ups
	N	Arithmetic mean SDR	Geometric mean SDR	Median SDR	χ2	df	p
Full Sample	175	0.040	0.017	0.020
Age (mean age = 46.52; s.d.=15.09)
Lowest Quintile	28	0.037	0.021	0.026	1.43	4	0.84
2nd Quintile	34	0.040	0.020	0.020
3rd Quintile	37	0.039	0.016	0.008
4th Quintile	40	0.041	0.012	0.019
Highest Quintile	36	0.044	0.018	0.019
Physical Health (mean = 47.48; s.d.=12.06)
Lowest Quintile	34	0.046	0.016	0.027	3.99	4	0.41
2nd Quintile	36	0.042	0.013	0.008
3rd Quintile	35	0.035	0.016	0.008
4th Quintile	43	0.035	0.016	0.019
Highest Quintile	27	0.046	0.027	0.043
Mental Health (mean = 51.90; s.d.=10.86)
Lowest Quintile	35	0.040	0.014	0.043	0.88	4	0.93
2nd Quintile	34	0.031	0.013	0.019
3rd Quintile	35	0.0407	0.020	0.187
4th Quintile	35	0.040	0.016	0.020
Highest Quintile	36	0.049	0.021	0.019
1-Year Survival Probability (mean = 81.83; s.d.=19.71)
0 - 60%	36	0.063	0.028	0.043	16.77	3	0.00
70 - 80%	48	0.029	0.011	0.008
90%	24	0.018	0.010	0.008
100%	67	0.044	0.020	0.043
Overall business environment in 2 years
Improve a lot	10	0.029	0.014	0.020	2.86	4	0.58
Improve a little	52	0.040	0.020	0.043
The same	59	0.038	0.016	0.019
Decline a little	33	0.050	0.018	0.008
Decline a lot	10	0.024	0.008	0.008
Gender
Male	48	0.033	0.014	0.020	0.10	1	0.92
Female	127	0.043	0.018	0.019
Marital Status
Married or Cohabiting	80	0.046	0.015	0.020	0.26	1	0.61
Single, divorced, widowed	95	0.036	0.018	0.019
Education Completed
None	11	0.090	0.062	0.134	11.92	5	0.04
Some primary	34	0.042	0.013	0.013
Primary completed	23	0.041	0.016	0.043
Some secondary	51	0.030	0.012	0.008
Secondary completed	37	0.037	0.019	0.020
Beyond secondary	19	0.041	0.020	0.020
Income
High Income	55	0.041	0.019	0.019	0.44	2	0.18
Middle Income	66	0.033	0.015	0.0187
Low Income	54	0.048	0.0164	0.040
Area dummies
Area N (high income)	25	0.033	0.012	0.008
Area A (high income)	30	0.048	0.027	0.031	8.07	5	0.15
Area J (middle income)	30	0.030	0.011	0.008
Area K (middle income)	36	0.036	0.020	0.043
Area C (low income)	26	0.058	0.025	0.043
Area G (low income)	28	0.038	0.011	0.008
Business Ownership
Business Owner or Past Owner	143	0.041	0.017	0.020	0.01	1	0.91
Never Owner	32	0.036	0.016	0.019
Know where to borrow R100
No	86	0.039	0.014	0.008	3.34	1	0.07
Yes	89	0.042	0.019	0.043