![](bg6.png)
due to high level of angst, nervousness, fear and loss
of control. On the other side, high literacy does not
straightforwardly mean big improvement.
Further, we have recorded that respondents
belonging to all three categories of financial literacy
prefer low participation in lottery. It is an expected
result as the majority of the population is risk averse
and prefer sure alternative to the risky one.
Finally, result that reaction to anchoring is low in
the group of respondents with high financial literacy
and in the group with low financial literacy brings an
interesting finding, which is contribution to further
economical and data mining research.
These conclusions are preliminary. Regarding
the data mining, in the next stage of our research, we
are going to apply more powerful, but also
computationally demanding approach for revelling
flexible functional dependencies among attributes to
confront already reached results. In addition,
advisable are similar researches in other countries
with different economic situation.
ACKNOWLEDGEMENTS
This paper is part of a research grant VEGA
No. 1/0849/15 entitled ‘Economic and social aspects
of the information asymmetry in the insurance
market’ supported by the Ministry of Education,
Science, Research and Sport of the Slovak Republic.
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