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Table 5 Financial knowledge test: summarised item statistics by country

From: A comparative analysis of the OECD/INFE financial knowledge assessment using the Rasch model

  Most difficult Least difficult
Austria QK6 QK7c QK3 QK5 QK7b QK7a QK4
2.67 .73 .48 .21 − 1.21 − 1.35 − 1.53
Brazil QK6 QK5 QK7b QK3 QK7c QK4 QK7a
3.13 .67 .17 − .23 − 1.03 − 1.07 − 1.64
Canada QK6 QK3 QK5 QK7c QK7a QK7b QK4
2.49 1.15 1.09 .4 − 1.16 − 1.91 − 2.06
Croatia QK6 QK3 QK5 QK7c QK7a QK7b QK4
2.65 .48 − .11 − .28 − .52 − .81 − 1.41
Finland QK6 QK7b QK7c QK5 QK3 QK7a QK4
2.41 1.53 .97 − .05 − .44 − 1.21 − 3.21
Hong Kong QK6 QK7c QK5 QK3 QK4 QK7a QK7b
3.18 1.27 .79 .39 − 1.47 − 1.85 − 2.32
Hungary QK6 QK5 QK7c QK3 QK7a QK7b QK4
3.67 1.19 .35 .19 − 1.27 − 1.84 − 2.3
Jordan QK6 QK3 QK5 QK7b QK4 QK7c QK7a
3.3 .79 .43 − .77 − .8 − 1.14 − 1.82
Russia QK6 QK5 QK7c QK3 QK7b QK7a QK4
2.85 .85 .3 − .04 − .1 − .99 − 2.86
South Africa QK6 QK3 QK5 QK7c QK4 QK7a QK7b
2.82 1.56 .71 − .13 − .95 − 1.57 − 2.44
UK QK6 QK3 QK7c QK5 QK7a QK7Bb QK4
1.51 1.44 .81 .07 − .74 − 1.26 − 1.83
  1. Obs. the most and least difficult values are showed in italics
  2. QK3: Time value of money; QK5: Interest plus principal; QK7a: Risk and return; QK4: Interest paid on loan; QK6: Compound interest; QK7b: Inflation; QK7c: Diversification