Measurement of financial knowledge in participants in financial education programs: the case of Bank of Loja
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Abstract
The present article analyzes the variables that determine the level of financial knowledge of participants in the Banco de Loja's financial education program during 2016. The variables considered in the study correspond to gender, coverage and financial knowledge from a sample Of 182 trained. The study proposes for the modeling of the data the use of non-parametric Mann-Whitney U test, due to the non-normality of financial knowledge. The results determined that the gender variable is influential in the study as opposed to the variable coverage.
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