Applying multidimensional statistical methods in the diagnosis of financial literacy in Poland using the Big Five test Cover Image

Zastosowanie wielowymiarowych metod statystycznych w diagnozie alfabetyzmu finansowego w Polsce na podstawie testu „wielkiej piątki”
Applying multidimensional statistical methods in the diagnosis of financial literacy in Poland using the Big Five test

Author(s): Justyna Brzezińska
Subject(s): Economy, Business Economy / Management, Methodology and research technology, Evaluation research, Socio-Economic Research
Published by: Szkoła Główna Handlowa w Warszawie
Keywords: financial literacy in Poland; R software; Big Five test; financial knowledge; categorical data analysis

Summary/Abstract: Financial knowledge and financial abilities (skills) are understood as financial literacy. As we see from the previous research, the level of financial literacy and knowledge in Poland is low. It is important to fill the existing gap in the area of application of new and modern statistical methods that will allow for measuring the level of financial literacy through objective and reliable tools. In this paper we present results of own research on financial literacy in Poland based on Big Five questions. We apply the R software for statistical analysis.

  • Issue Year: 2023
  • Issue No: 195
  • Page Range: 267-282
  • Page Count: 16
  • Language: Polish
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