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Table 6 Relation between IV, DV and mediator

From: Financial literacy and financial behavior with the mediating effect of family financial socialization in the financial institutions of Lahore, Pakistan

 

Original sample (o)

Sample mean (m)

Standard deviation (stdev)

T statistics (|o/stdev|)

P values

Family financial socialization→financial behavior

0.602

0.602

0.053

11.329

0.000

Financial literacy→family financial socialization

0.415

0.432

0.061

6.819

0.000

Financial literacy→financial behavior

0.176

0.182

0.06

2.928

0.004

Financial literacy→family financial socialization→financial behavior

0.250

0.260

0.037

7.677

0.000