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Table 6 Measurement invariance for the subgroup with OTL in finance-related topics

From: Measuring financial literacy with a Situational Judgement Test: do some groups really perform worse or is it the measuring instrument?

Model

Control

Budgeting

Handling

Δ DF

Δ CMIN

p

ΔDF

Δ CMIN

p

Δ DF

Δ CMIN

p

Configural

χ2 = 64.115, p = .06, df = 48, CFI = .95; RMSEA = .041, Pclose = .695

χ2 = 45.615, p = .002, df = 22, CFI = .93; RMSEA = .073, Pclose = .10

χ2 = 28.393, p = .056, df = 18, CFI = .95; RMSEA = .054, Pclose = .393

Metric

9

12.825

0.171

7

5.336

0.619

6

17.249

0.008

χ2 = 76.94, p = .04, df = 57, CFI = .93; RMSEA = .042, Pclose = .695

χ2 = 50.95, p = .007, df = 29, CFI = .93; RMSEA = .062, Pclose = .227

χ2 = 45.642, p = .005, df = 24, CFI = .89; RMSEA = .067, Pclose = .157

Partial metric

–

–

–

–

–

–

5

7.647

0.177

–

–

χ2 = 36.04, p = .04, df = 23, CFI = .94; RMSEA = .054, Pclose = .399a

Scalar

18

18.749

0.407

14

8,121

0,883

11

15.073

0.179

χ2 = 82.864, p = .078, df = 66, CFI = .94; RMSEA = .036, Pclose = .836

χ2 = 53.736, p = .029, df = 36, CFI = .95; RMSEA = .05, Pclose = .475

χ2 = 43.466, p = .04, df = 29, CFI = .93; RMSEA = .05, Pclose = .465

Partial scalar

–

–

–

–

–

–

–

–

–

–

–

–

Strict

27

27.636

0.43

21

10.18

0.976

17

41.143

0.001

χ2 = 91.751, p = .092, df = 75, CFI = .94; RMSEA = .034, Pclose = .886

χ2 = 55.795, p = .091, df = 43, CFI = .96; RMSEA = .039, Pclose = .73

χ2 = 69.537, p < .001, df = 35, CFI = .83; RMSEA = .071, Pclose = .081

  1. aFactor loading are freely estimated for Item 1