Issues on college students spending behaviour have been studied numerous times due to improper use of education funds. Various studies examined determinant factors for this misbehaviour in order to understand, identify and recommend ways to educate these future generations. Some documented relationships between financial behaviours and financial literacy, money beliefs and socialization agents. This study walks the same path but focuses on spending behaviour rather than financial behaviour and examines its association with determinant factors by means segmentation analysis. The aim of the study is to profile Sultan Idris Education University undergraduates’ according to their spending using a decision tree analysis procedure called Chi-squared Automatic Interaction Detector (CHAID). CHAID generates predictive tree models by segmenting based on predictor variables which include demographic characteristics, program of study related traits and funding aspects that were utilized to profi.....

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Issues on college students spending behaviour have been studied numerous times due to improper use of education funds. Various studies examined determinant factors for this misbehaviour in order to understand, identify and recommend ways to educate these future generations. Some documented relationships between financial behaviours and financial literacy, money beliefs and socialization agents. This study walks the same path but focuses on spending behaviour rather than financial behaviour and examines its association with determinant factors by means segmentation analysis. The aim of the study is to profile Sultan Idris Education University undergraduates’ according to their spending using a decision tree analysis procedure called Chisquared Automatic Interaction Detector (CHAID). CHAID generates predictive tree models by segmenting based on predictor variables which include demographic characteristics, program of study related traits and funding aspects that were utilized to profil.....

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