Objective:
Test the investment knowledge of participants, to see their level of knowledge
I'm a paragraph. Click here to add your own text and edit me. It's easy.
How did we execute our experiment?
30 participants
Conducted through an investment quiz
Quiz containing 10 investment-related questions
Assumption:
Youths do not have much knowledge on investment despite having a keen interest on investment
Hypothesis:
Youths will not perform well in the investment quiz presented to them
Results
​
Average 5.53/10
Median 5/10
Range: 3 to 9
Insights
Youths do not have a deep understanding on investment
Youths do not know what kind of charts to look at for investment​
Youths are unsure of what are the different types of stock orders when making a trade
Participants have a relatively good understanding on what shorting is (20/30 and 18/30)
Conclusion
Hypothesis is correct.
Although youths are interested in investing, youths in general do not have an in-depth understanding of investing. However, youths are well aware of the latest trends and hype in the stock market through the internet and social media. (eg. short squeeze on AMC/Gamestop - memestocks)