Skip to main content

Table 8 Out-of-the sample prediction of research model

From: The role of financial behaviour, financial literacy, and financial stress in explaining the financial well-being of B40 group in Malaysia

Key Endogenous Construct _FWB

Items

PLS-SEM

LM

PLS-SEM-LM

RMSE

RMSE

PLSpredict Q2 of

FWB = 0.26

FWB1

0.704

0.699

0.005

FWB2

0.766

0.759

0.007

FWB3

0.728

0.728

0

FWB4

0.687

0.689

− 0.002

FWB5

0.743

0.735

0.008

FWB7

0.697

0.702

− 0.005

FWB8

0.714

0.722

− 0.008

  1. FWB = Financial well-being; Partial least squares structural equation model (Analysis sample); LM = Linear regression model (Holdout sample); RMSE = Root-mean-squared error