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The Impact Of Individual Cultural Values And Religiosity On Financial Preferences

Table 6: Functions at Group Centroids

Centroid Equation Implication Calculation
Those who do not want interest return under any circumstances 0,288 –0,005< D <0,043 D H L I S – M D I S = 0,288 + ( – 0,202 ) 2 = 0,043
Those who prefer an interest-free investment instrument when the return of an interest-free investment instrument and an interest-bearing investment instrument are equal –0,202 D <–0,250 D H L I S – N I S = 0,288 + ( – 0,298 ) 2 = – 0,005
Those who always prefer an investment instrument with an interest return –0,298 –0,250<D<–0,005 D M L I S – N I S = – 0,202 – 0,298 2 = – 0,250
–0,005 < D < 0,043 : Those who do not want interest return under any circumstances–0,250 < D < –0,005 : Those who always prefer an investment instrument with an interest returnD < –0,250 : Those who prefer an interest-free investment instrument when the return of an interest-free investment instrument and an interest-bearing investment instrument are equal
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