| 1 | A | B | C | D | E | F | G |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 2 | marginal effects from linear probability models of registered education savings plan participation, longitudinal and international study of adults |  |  |  |  |  |  |
| 3 |  | model 1 |  | model 2 |  | model 3 |  |
| 4 |  | coefficient | bootstrap standard error | coefficient | bootstrap standard error | coefficient | bootstrap standard error |
| 5 | income quartile (reference group: first (bottom)) |  |  |  |  |  |  |
| 6 | second | 0.194 | 0.07 | 0.066 | 0.06 | 0.066 | 0.06 |
| 7 | third | 0.284 | 0.06 | 0.060 | 0.07 | 0.061 | 0.07 |
| 8 | fourth | 0.451 | 0.06 | 0.120 | 0.07 | 0.120 | 0.07 |
| 9 | literacy score | .. | .. | 0.049 | 0.05 | .. | .. |
| 10 | numeracy score | .. | .. | .. | .. | 0.035 | 0.04 |
| 11 | education level |  |  |  |  |  |  |
| 12 | less than high school | .. | .. | 0.072 | 0.13 | 0.073 | 0.13 |
| 13 | non-university postsecondary | .. | .. | 0.100 | 0.06 | 0.105 | 0.06 |
| 14 | bachelor's degree | .. | .. | 0.127 | 0.07 | 0.133 | 0.07 |
| 15 | above a bachelor's degree | .. | .. | 0.140 | 0.08 | 0.148 | 0.07 |
| 16 | female | .. | .. | 0.116 | 0.04 | 0.119 | 0.04 |
| 17 | age | .. | .. | 0.007 | 0.00 | 0.006 | 0.00 |
| 18 | marital status |  |  |  |  |  |  |
| 19 | common-law | .. | .. | -0.067 | 0.06 | -0.065 | 0.06 |
| 20 | separated, divorced or widowed | .. | .. | 0.046 | 0.06 | 0.045 | 0.06 |
| 21 | single, never married | .. | .. | -0.133 | 0.07 | -0.131 | 0.07 |
| 22 | immigrant | .. | .. | 0.033 | 0.06 | 0.029 | 0.06 |
| 23 | number of children aged 15 to 17 in the household | .. | .. | -0.078 | 0.04 | -0.078 | 0.04 |
| 24 | number of children aged 12 to 14 in the household | .. | .. | 0.052 | 0.04 | 0.053 | 0.04 |
| 25 | number of children younger than 12 in the household | .. | .. | 0.048 | 0.02 | 0.048 | 0.02 |
| 26 | province of residence |  |  |  |  |  |  |
| 27 | newfoundland and labrador | .. | .. | -0.167 | 0.09 | -0.164 | 0.09 |
| 28 | prince edward island | .. | .. | -0.062 | 0.16 | -0.063 | 0.16 |
| 29 | nova scotia | .. | .. | 0.002 | 0.08 | 0.008 | 0.08 |
| 30 | new brunswick | .. | .. | -0.147 | 0.07 | -0.144 | 0.07 |
| 31 | quebec | .. | .. | -0.118 | 0.05 | -0.118 | 0.05 |
| 32 | manitoba | .. | .. | -0.223 | 0.07 | -0.221 | 0.07 |
| 33 | saskatchewan | .. | .. | -0.137 | 0.06 | -0.139 | 0.06 |
| 34 | alberta | .. | .. | -0.049 | 0.06 | -0.047 | 0.06 |
| 35 | british columbia | .. | .. | -0.051 | 0.07 | -0.048 | 0.07 |
| 36 | tangible assets |  |  |  |  |  |  |
| 37 | $100,000 to less than $300,000 | .. | .. | 0.022 | 0.06 | 0.022 | 0.06 |
| 38 | $300,000 to less than $500,000 | .. | .. | 0.037 | 0.07 | 0.038 | 0.07 |
| 39 | $500,000 or more | .. | .. | 0.085 | 0.07 | 0.085 | 0.07 |
| 40 | missing value | .. | .. | -0.056 | 0.12 | -0.057 | 0.12 |
| 41 | registered retirement savings plan |  |  |  |  |  |  |
| 42 | more than $0 to less than $25,000 | .. | .. | 0.227 | 0.06 | 0.229 | 0.06 |
| 43 | $25,000 or more | .. | .. | 0.317 | 0.06 | 0.321 | 0.06 |
| 44 | missing value | .. | .. | 0.239 | 0.10 | 0.238 | 0.09 |
| 45 | financial assets |  |  |  |  |  |  |
| 46 | more than $0 to less than $10,000 | .. | .. | 0.041 | 0.06 | 0.043 | 0.06 |
| 47 | $10,000 to less than $30,000 | .. | .. | 0.166 | 0.06 | 0.167 | 0.06 |
| 48 | $30,000 or more | .. | .. | 0.050 | 0.06 | 0.050 | 0.06 |
| 49 | missing value | .. | .. | 0.113 | 0.09 | 0.115 | 0.09 |
| 50 | business assets |  |  |  |  |  |  |
| 51 | business assets of any positive value | .. | .. | -0.028 | 0.05 | -0.026 | 0.05 |
| 52 | missing value | .. | .. | 0.105 | 0.14 | 0.107 | 0.14 |
| 53 | debts and liabilities |  |  |  |  |  |  |
| 54 | more than $0 to less than $50,000 | .. | .. | 0.006 | 0.07 | 0.007 | 0.07 |
| 55 | $50,000 to less than $150,000 | .. | .. | 0.021 | 0.08 | 0.023 | 0.08 |
| 56 | $150,000 to less than $250,000 | .. | .. | 0.079 | 0.08 | 0.079 | 0.08 |
| 57 | $250,000 or more | .. | .. | -0.004 | 0.08 | -0.004 | 0.08 |
| 58 | missing value | .. | .. | 0.027 | 0.12 | 0.025 | 0.12 |
| 59 | double-counting flag | .. | .. | 0.043 | 0.13 | 0.041 | 0.13 |
| 60 | constant | 0.361 | 0.05 | -0.323 | 0.19 | -0.286 | 0.18 |

Question: how many percentage points increase in the probability of saving in an resp account was associated with a 100 point increase in the literacy score?
Answer: 0.049