Table 3.

Mean discount rate, by selected self-reported behavioral variables

					Kruskal Wallis test of difference between groups
	N	Arithmetic mean SDR	Geometric mean SDR	Median SDR	χ2	df	p
Planning Behavior
Plan ahead all the time	145	0.036	0.015	0.020	1.425	1	0.2326
Live from day to day	30	0.059	0.023	0.027
Savings behavior
Prefer saving money	148	0.037	0.016	0.019	3.901	1	0.0482
Prefer spending money	25	0.063	0.026	0.043
Planning horizon
Next few months	58	0.054	0.024	0.043	5.433	2	0.0661
Next year	71	0.033	0.018	0.019
Next few years or longer	46	0.034	0.010	0.013
Saving horizon
Next few months	35	0.068	0.034	0.043	11.239	2	0.0036
Next year	79	0.034	0.015	0.020
Next few years or longer	61	0.033	0.013	0.008