Table 3 Correlation matrix of digital education and risk financial assets.

From: The impact of digital education on household allocation of risky financial assets in China

 

Ownership of risky financial assets

Types of risky financial assets

Digital education (principal component analysis)

Digital education (summed)

Ownership of risky financial assets

1.000

   

Types of risky financial assets

0.890***

1.000

  

Digital education (principal component analysis)

0.445***

0.413***

1.000

 

Digital education (summed)

0.466***

0.438***

0.995***

1.000

  1. *, **, *** represent significance at the 10%, 5%, and 1% levels, respectively.