Decision Making, Attitudes, and Behaviours on Financial Literacy among Filipino College Students: Factorial and Correlational Analyses

2021 ◽  
Author(s):  
Nicky C. Cardenas ◽  
◽  
Julieta G. Fonte ◽  
Keyword(s):  
College Students ◽  
Decision Making ◽  
Financial Market ◽  
Financial Literacy ◽  
Reliability And Validity ◽  
Sampling Technique ◽  
Factor Loading ◽  
Financial Behavior ◽  
Cronbach’S Alpha ◽  
Cronbach's Alpha

Researches revealed that there is an urgent need for financial literacy (Hung, Parker, & Yoong, 2009; Nidar & Bestari, 2012; Mihal?ováa, Csikósová, & Antošovác, 2014; Agarwal et. al, 2015). However, in Philippine context, financial literacy has not been extensively explored (Leano, 2006). This research study aimed at analyzing the reliability and validity of Filipino college students’ financial literacy based on Questionnaire for Assessing Financial Literacy (QAFL), a 12-item Likert scale with acceptable internal consistency (? = 0.74) developed by (?onková, 2014). Specifically, this study aimed to analyze the relationship of students’ decision making, attitudes and behavior in the financial market. It utilized a simple random sampling technique. A total of 140 Filipino college students participated in this study. SPSS was used for statistical data analysis. Results of the reliability analysis for Cronbach's Alpha if item deleted showed an overall acceptable range (? =.722-.775) and Cronbach's Alpha based on standardized items (? = 0.750). Results of the factor analysis revealed an appreciable factor loading = .49 up to the high factor loading = .82 construct validity. Results of the correlation analysis revealed that the relationships were statistically significant as follows: decision making and attitudes toward finances (rs = 0.52), decision making and financial behavior (rs = 0.49), attitudes and financial behavior (rs = 0.45). Thus, it is concluded that financial literacy is relevant to aid students in addressing issues affecting their decision making, attitudes and behaviors in the financial market.

scholarly journals Team-Based Learning Student Assessment Instrument (TBL-SAI) for measuring the effectiveness of TBL in a Saudi Medical School: Psychometric Analysis and differences by academic years

2019 ◽  
Author(s):  
Mutasim E Ibrahim
Keyword(s):  
Medical Students ◽  
Medical School ◽  
Student Assessment ◽  
Reliability And Validity ◽  
Principal Component ◽  
Factor Loading ◽  
Assessment Instrument ◽  
Cronbach’S Alpha ◽  
Cronbach's Alpha ◽  
Team Based Learning

Abstract Background Increasing the use of Team Based Learning (TBL) in health profession education reinforce the need to develop a proper instrument for measuring the applicability of this method. This study aimed to examine the psychometric properties of TBL-SAI and the mean score of instrument subscales by the different academic year of the students. Methods Across-sectional study was conducted at the University of Bisha, College of Medicine (UBCOM), Saudi Arabia. Medical students from second to fourth were included in the study. Participants were completed the TBL-SAI items to measure three subscales of accountability, preference for a lecture or TBL and satisfaction. Cronbach’s alpha, factor analysis, were checked the reliability and validity of the instrument. A principal component analysis (PCA) with varimax rotation was conducted on each subscale. ANOVA analyzed the TBL effectiveness related to the different years of medical school. Results Cronbach’s alpha was 0.798 and factor loading was greater than 0.40 for all the items, indicating the reliability and validity of the scale. In a PCA, accountability items generated two factors with loading >0.40, except items one and four. All preference and satisfaction items have factors loading > 0.40. Fourth-year students’ obtained significant highest mean scores for accountability (p=0.0.49), preferences (p=0.001) and satisfaction (p<0.001) compared to third and second years students. Conclusions TBL-SAI is a sound tool to measure the favor of TBL among medical students. Longitudinal studies are recommended to bring a clear picture of the effectiveness of TBL in UBCOM.

scholarly journals Reliability and Validity of Healthy Fitness Measurement Scale Version1.0 (HFMS V1.0) in Chinese Elderly People

2021 ◽  
Author(s):  
Qian Liu ◽  
Hui Zhou ◽  
Heng Qiu ◽  
Chen Huang ◽  
Lijie Jiang ◽  
...  
Keyword(s):  
Factor Analysis ◽  
Elderly People ◽  
Reliability And Validity ◽  
Sampling Technique ◽  
Measurement Scale ◽  
Cronbach’S Alpha ◽  
Cross Sectional ◽  
Cronbach's Alpha ◽  
Confirmatory Factor ◽  
Acceptable Reliability

Abstract Purpose. We examined the reliability and validity of the Healthy Fitness Measurement Scale Version 1.0 (HFMS V1.0) specifically on elderly people in China.Methods. We carried out a cross-sectional study in December 2020 and enrolled 800 elderly people through stratified sampling technique. The level of healthy fitness was measured using the HFMS V1.0. The Cronbach's alpha coefficient, split-half reliability, test-retest reliability, convergent and discriminant construct validity, exploratory factor and confirmatory factor were calculated for assessing the reliability and validity of HFMS V1.0.Results. The valid samples were comprised of 777 samples (with a mean age of 71.81 ±8.36 years), 382(49.2 %) were women. HFMS V1.0 consists of 8 dimensions and 38 items. The scale had acceptable reliability (Cronbach's alpha = 0.920, split-half = 0.946, test-retest = 0.878). The correlation of each item, dimension and subscales ranged from 0.528 to 0.888 (p < 0.001). Exploratory factor analysis uncovered 11 factors with the cumulative contribution rate of 68.09% and all factor loads over 0.40. The item distribution was consistent with the initial expectation of the scale. The confirmatory factor analysis indicated good fit: CMIN/DF=2.773, RMSEA=0.048, IFI=0.915, TLI=0.904, CFI=0.915.Conclusion. HFMS V1.0 was shown to have acceptable reliability and validity. Collectively, HFMS V1.0 is reliable and efficient to measure the healthy fitness of elderly people.

scholarly journals Psychometric properties of the Brazilian version of the Standard Precautions Questionnaire for health professionals in Brazil

2020 ◽  
Vol 73 (suppl 6) ◽  
Author(s):  
Thais Duarte da Costa de Luna ◽  
Fernanda Maria Vieira Pereira-Ávila ◽  
Priscila Brandão ◽  
Estelle Michinov ◽  
Fernanda Garcia Bezerra Góes ◽  
...  
Keyword(s):  
Psychometric Properties ◽  
Health Professionals ◽  
Reliability And Validity ◽  
Factor Loading ◽  
Cronbach’S Alpha ◽  
Standard Precautions ◽  
Cronbach's Alpha ◽  
Brazilian Version ◽  
Group Validity ◽  
Cognitive Determinants

ABSTRACT Objectives: to evaluate the psychometric properties of the Brazilian version of the Standard Precautions Questionnaire. Methods: this is a methodological study conducted with physicians and nursing professionals for the evaluation of psychometric properties. A reliability analysis was conducted using Cronbach’s alpha. Exploratory factor analysis was performed and scores were analyzed using the known-groups method. Results: the scale was applied to 300 professionals: 88 nurses, 163 nursing technicians and 49 physicians. Cronbach’s alpha was 0.71. All items presented satisfactory factor loading. Known-group validity showed sensitivity of differences in the scores of socio-cognitive factors, where nurses obtained a significant effect in scores of intention (4.77; p=0.000) and individual constraints (3.52; p=0.041) when compared to other health professionals. Conclusions: satisfactory construct reliability and validity were obtained for the Brazilian version of the questionnaire, allowing a valid and reliable instrument for the assessment of socio-cognitive determinants of compliance with standard precautions.

Using Adanco Software To Examine The Intention To Use Coffee. Evidence From Vietnam

2019 ◽  
Vol 118 (10) ◽  
pp. 216-223
Author(s):  
Nguyen Thi Ngan ◽  
Bui Huy Khoi
Keyword(s):  
Survey Data ◽  
Behavioral Intention ◽  
Reliability And Validity ◽  
Ho Chi Minh City ◽  
Intention To Use ◽  
Research Model ◽  
Cronbach’S Alpha ◽  
Cronbach's Alpha ◽  
Average Variance ◽  
Composite Reliability

The purpose of the paper was to investigate the factors that influenced the intention to use coffee by using Adanco software. Survey data was collected from 284 consumers living in Ho Chi Minh City, Vietnam. The research model was proposed from the studies of the behavioral intention. The reliability and validity of the scale were tested by Cronbach's Alpha, Average Variance Extracted (Pvc) and Composite Reliability (Pc). PLS-SEM showed that intention to use coffee was affected by some components of the intention to use coffee.

scholarly journals Some Insights Into Financial Literacy Among Undergraduate Students: A Case of Bosnia and Herzegovina

2021 ◽  
Vol 12 (3) ◽  
pp. 103
Author(s):  
Jasmina Okicic ◽  
Meldina Kokorovic Jukan ◽  
Mensur Heric
Keyword(s):  
Undergraduate Students ◽  
Financial Literacy ◽  
Sampling Technique ◽  
Financial Education ◽  
Financial Knowledge ◽  
Financial Behavior ◽  
Financial Attitudes ◽  
Significant Difference ◽  
Financial Behaviour ◽  
The Relationship

The purpose of this research is to provide some insights into financial literacy among undergraduate students focusing primarily on the relationship between financial knowledge, financial attitudes and financial behavior and on possible gender and financial education gap in financial literacy. Using the purposive sampling technique, data collection was carried out from April to June 2020, yielding a sample of 1,046 valid responses. To gain a better understanding of the relationship between financial behaviour, financial attitudes and financial knowledge, we, primarily, use exploratory factor analysis and multiple regression model. The research findings have revealed several important issues. First, findings have suggested that financial knowledge, financial attitudes and gender may be considered as an antecedent of the financial behaviour of undergraduate students. Second, findings have also suggested a statistically - significant difference between the financial literacy of undergraduate students concerning their exposure to formal financial education.

scholarly journals Development and Validation of the Smartphone Addiction Scale for Children- Parent Version (SASC-P)

2021 ◽  
Author(s):  
Gopi Rajendhiran ◽  
Vikhram Ramasubramanian ◽  
P Bijulakshmi ◽  
S Mathumathi ◽  
M Kannan
Keyword(s):  
Children And Adolescents ◽  
Reliability And Validity ◽  
Small Sample ◽  
Face Validity ◽  
Smartphone Addiction ◽  
Cronbach’S Alpha ◽  
Good Reliability ◽  
Children And Adolescent ◽  
Cronbach's Alpha ◽  
Smartphone Use

Introduction: The use of smartphone among children and adolescents has been increasing steadily over the past decade and is becoming a cause of concern for parents and healthcare professionals alike. Excessive use of smartphone could make a child vulnerable to develop addictive behaviour leading to decrease in academic performance and impairments in social and personal environment. Early identification is key to addressing this issue and although there are scales to measure smartphone addiction in adults, there are no scales to measure smartphone use in children objectively. Aim: To construct a smartphone addiction scale for children that can be administered to parents. Materials and Methods: A set of statements were created to assess smartphone addiction in children. Initially, 43 statements were selected after identifying its content validity and face validity and the scale was administered to parents of children in the age group of 3-17 years after obtaining informed consent from the parents. The construct validity was examined by the exploratory factor analysis. The screen plot of ordered eigen values of a correlation matrix was used to decide the appropriate number of factors extracted. A factor loading of >0.30 was used to determine the items for each factor. Intra-class correlations were calculated for the test-retest reliability, and Cronbach's alpha was calculated for the internal consistency. The final questionnaire contained 24 statements across six subdomains of smartphone addiction and it was administered to a small sample group of 65 parents of children aged 3-17 years and the data was used to test for reliability and validity of the scale. Results: Alpha correlation for the Smartphone Addiction Scale for Children-Parent (SASC-P) ranged from 0.670 to 0.823. The intrinsic validity for the domains was calculated using Cronbach’s alpha and it ranged from 0.819 to 0.907 for the domains and was 0.972 for the whole questionnaire. Thus the scale was found to be reliable and valid for use in children and adolescents. Conclusion: The SASC-P has good reliability and validity and can be used to measure smartphone use in children and adolescent.

scholarly journals Pengaruh Financial Literacy dan Financial Behavior terhadap Keputusan Investasi pada Ibu-Ibu PKK Kota Jambi

2020 ◽  
Vol 5 (2) ◽  
pp. 263
Author(s):  
Indah Mutiara ◽  
Efandri Agustian
Keyword(s):  
Linear Regression ◽  
Multiple Linear Regression ◽  
Financial Literacy ◽  
Sampling Method ◽  
Investment Decisions ◽  
Sampling Technique ◽  
T Test ◽  
Financial Behavior ◽  
Primary Data ◽  
Regression Test

This study aims to determine the level of influence of Financial Literacy and Financial Behavior toward investment decisions. The data used in this study are primary data, the sample used in this study were PKK members in Jambi City. The sampling technique was carried out by using purposive sampling method. The results obtained by using multiple linear regression test Y = 2,337 + 0.159 X1 + 0.518 X2, and the test of this study using the f-test, R2-test and t-test. The results of this study indicate that partially the Financial Literacy and Financial Behavior affect investment decisions. 

scholarly journals Reliability and Validity of the Persian Version of the Quality of Life in Autism Questionnaire (QoLA) - Parent Version in Iranian Mothers

2021 ◽  
Author(s):  
Seyed-Sirvan Hosseini ◽  
Seyedeh Zeinab Beheshti ◽  
Valsamma Eapen ◽  
Amir Almasi-Hashiani ◽  
Saman Maroufizadeh
Keyword(s):  
Quality Of Life ◽  
Convergent Validity ◽  
Reliability And Validity ◽  
Autism Spectrum ◽  
Cronbach’S Alpha ◽  
Cronbach's Alpha ◽  
Persian Version ◽  
Children With Asd ◽  
Confirmatory Factor

Abstract Background: Parents of children with autism spectrum disorder (ASD) are known to poorer quality of life. The Quality of Life in Autism Questionnaire (QoLA) is a commonly used instrument for measuring the quality of life in parents of children with ASD. The aim of this study was to evaluate the reliability and validity of the QoLA in Iranian mothers of children with ASD.Methods: The sample of this methodological study consisted of 88 mothers of children with ASD in Arak, Iran. The data were collected using convenience sampling method between September 2019 and January 2020. A battery of questionnaires was administered to mothers which included the QoLA, Patient Health Questionnaire-9 (PHQ-9), Generalized Anxiety Disorder-7 (GAD-7), and Perceived Stress Scale-4 (PSS-4). Factor structure and internal consistency of the QoLA were examined via confirmatory factor analysis (CFA) and Cronbach’s alpha, respectively. Convergent validity was examined by relationship with WHOQOL-BREF, PHQ-9, GAD-7 and PSS-4.Results: The mean total scores of QoLA Part A and Part B were 86.50 (SD=13.89) and 61.41 (SD=18.21), respectively. Both subscales exhibited good internal validity (with Cronbach’s alpha of 0.899 and 0.950 for Part A and Part B, respectively). The convergent validity of both subscales of QoLA was proved via moderate to strong correlations with measure of the WHOQOL-BREF. In addition, both QoLA Part A and Part B scores were negatively correlated with measures of PHQ-9, GAD-7, and PSS-4. The confirmatory factor analyses provided evidence for unidimensionality of both subscales of QoLA.Conclusion: The Persian version of QoLA displays satisfactory reliability and validity in Iranian mothers of children with ASD.

scholarly journals Gender Differences in Financial Decisions

2018 ◽  
Vol 11 (1) ◽  
pp. 21-27
Author(s):  
Jeetendra Dangol
Keyword(s):  
Gender Differences ◽  
Decision Making ◽  
Financial Literacy ◽  
Sampling Technique ◽  
Financial Decisions ◽  
Financial Decision Making ◽  
Financial Decision ◽  
Convenience Sampling ◽  
Risk Taker ◽  
Survey Questionnaires

This paper examines the gender differences in financial decision-making of university students who are young, single, childless individuals that have at least average financial literacy and very small or no income. This paper is based on the survey questionnaires developed by Grable and Lytton (2003), distributed and collected from 100 students (50 men and 50 women) by using convenience sampling technique. The study finds that men and women differ in their financial decision. Women are less risk taker than men in financial decision-making; it indicates that women prefer to safer investment.

scholarly journals The Harris Hip Score

2020 ◽  
Author(s):  
ALIAA Khaja ◽  
Owayed AL-Mutairi ◽  
abdulaziz Alkhudair ◽  
Awdhah Abdulkarim
Keyword(s):  
Physical Function ◽  
Correlation Coefficient ◽  
Convergent Validity ◽  
Reliability And Validity ◽  
Test Reliability ◽  
Harris Hip Score ◽  
Cronbach’S Alpha ◽  
Good Reliability ◽  
Cronbach's Alpha ◽  
Pain Subscale

Abstract Background The Harris Hip Score (HHS) is a widely used Patient-Related Outcomes score. It measures pain and function levels in patients with hip pathologies. Objectives The main objective of this study is to translate and culturally adapt the HHS into Arabic, and to further assess the reliability and validity of translated version Material & Methods 110 patients participated in this survey. The internal consistency tests were performed using Cronbach’s alpha. Test-retest reliability (intra-correlation coefficient), convergent construct validity, convergent validity, floor & ceiling effects and responsiveness was also calculated. In order to measure the level of agreement, Bland-Altman Plot, forest Plots are performed. Results Test reliability for the first testing situation - calculated using Cronbach's alpha - was 0.98 for the pain subscale, 0.98 for the stiffness, and 0.99 for the physical function subscale. For the second testing, reliability was 0.99, 0.97, and 0.99 (pain, stiffness, and physical function, respectively). This only proves that WOMAC is an instrument with good reliability. Same calculation of Cronbach’s alpha was essential to testing the reliability of the Harris Hip Score. For each of the three testing occasions the reliability was very good or excellent – α 1 = 0.92, α 2 = 0.91, and α 3 = 0.90. Intra-class correlation coefficient was good with the score of 0.76 (95% CI 0.44-0.88). Conclusion Overall, Arabic version of HOOS could be used as diagnostic tool for patients with hip problems, when it comes to information about the overall condition of the patient, especially about the improvement or deterioration, however, it is important to be cautious using HHS when the change magnitude of patient’s condition is investigated, since there is a potential probability that the level of improvement of the patient’s condition will be overestimated by HHS.

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