Data Analysis
The researchers used frequency distribution, percentage, and ranking as result of the
gathered data, this data are all presented in a table with an interpretation for it would be
understood easily. For the range, the researchers used the formula of Highest value – Lowest
value. For the classes, the researchers used 1+3.3LogN. To get the interval, the researchers, used
the formula of Range/Classes. And to get the frequency, the researchers divided the given
frequency to total number of students multiplied by 100.
Classes Interval Percentage
1+3.3logN Range/Classes P= F/N X 100
Whereas: whereas:
N= total number P= percentage
of the respondents F= frequency
N= total number of the
respondents
RESULTS
Table 1
Age of the respondents
Age Frequency Percentage
29-30 1 0.95%
27-28 0 0%
25-26 1 0.95%
23-24 1 0.95%
21-22 64 60.95%
19-20 35 33.33%
17-18 3 2.86%
Table 1 shows that ages 21-22 got the highest. The 2nd to the highest age is 19-20. To be
followed by ages 17-18. And the ages 29-30, 25-26, and 23-24 which got the same 0.95%. And
none of them are not in the age 27-28.
Table 2
Gender of the respondents
Gender Frequency Percentage
Female 85 80.95%
male 20 19.05%
Table 2 shows that 80.95% of the 3rd year students are female. Males are 19.05%.
Table 3
Average Monthly Allowance of the respondents
Average Monthly Frequency Percentage
Allowance
Less than 1,000 15 14.3%
1,001-2,000 16 15.2%
2,001-3,000 20 19.0%
3,001-4,000 25 23.8%
4,001-5,000 19 18.1%
5,001 and above 10 9.5%
Table 3 shows that the highest average allowance of the respondents is 3,001-4,000. The
2nd to the highest is 2,001-3,000. Followed by 4,001-5,000, less than 1,000, and 1,001-2,000.
And the lowest average monthly allowance of 5,001 and above, which got 10%.
Table 4
Level of Financial Literacy of the respondents
2 2
Gender Financia Financial Xy x y
l Practices (Y)
Literacy
(X)
FEMALE 1,615 2,210 3,569,150 2,608,225 4,884,100
MALE 380 520 197,600 114,400 270,400
N=2 ∑ x=1,995 ∑ y=2,730 ∑ xy=3,766,750 ∑ x 2=2,722,625 ∑ y 2=5,134,500
n ∑ xy −( ∑ x )( ∑ y )
r=
√¿¿¿
2(3,766,750)−( 1,995 ) ( 2,730 )
¿
√¿ ¿ ¿
7,533,500−5,446,350
¿
√( 5,445,250−3,980,025 ) (10,309,000−7,452,900)
2,087,150
¿
√(1,465,225)(2,856,100)
2,087,150
¿
√ 4,184,829,122,500
2,087,150
¿
2,045,685.49
¿ 1.02026925
r =1
Perfect
Table 5
How important of opportunities to learn about personal finances of the respondents
How important of Frequency Percentage
opportunities to learn
about personal finances
Very important 87 82.9%
Important 17 16.2%
Moderately important 0 0%
Of little important 1 0.95%
Not important 0 0%
Table 6
Topics would be of interest of the respondents
Topics would be of interest Frequency Percentage
on
Budgeting 89 15.5%
Investing 89 15.5%
Taxes 40 7.0%
Credit 33 5.7%
Life insurance 67 11.7%
Loans 39 6.8%
Debt 30 5.2%
Credit cards 38 6.6%
Saving 92 16.0%
Interest rates 55 9.6%
outsourcing 1 0.2%
Trading 1 0.2%
Table 7
Personal financial learning opportunities of the respondents
Personal financial learning Frequency Percentage
opportunities
Classroom instruction 85 26.1%
Online (i.e via zoom) 45 13.4%
Computer based instruction 18 5.4%
Email blast 8 2.5%
Newsletters 4 1.3%
Online webpages 26 8.0%
Social networkingn pages 32 9.9%
Workshops (I.e seminars) 66 20.7%
Videos online 42 12.7%