Summary Statistics Lottery Data
| Covariate | Losers (N=259) | Winners (N=237) | t-stat | nor-diff | ||
|---|---|---|---|---|---|---|
| Mean | (Standard Deviation) | Mean | (Standard Deviation) | |||
| Year won | 6.38 | (1.04) | 6.06 | (1.29) | −3.0 | −0.27 |
| Number of tickets | 2.19 | (1.77) | 4.57 | (3.28) | 9.9 | 0.90 |
| Age | 53.2 | (12.9) | 47.0 | (13.8) | −5.2 | −0.47 |
| Male | 0.67 | (0.47) | 0.58 | (0.49) | −2.1 | −0.19 |
| Education | 14.4 | (2.0) | 13.0 | (2.2) | −7.8 | −0.70 |
| Working then | 0.77 | (0.42) | 0.80 | (0.40) | 0.9 | 0.08 |
| Earn year–6 | 15.6 | (14.5) | 12.0 | (11.8) | −3.1 | −0.27 |
| Earn year–5 | 16.0 | (15.0) | 12.1 | (12.0) | −3.2 | −0.28 |
| Earn year–4 | 16.2 | (15.4) | 12.0 | (12.1) | −3.4 | −0.30 |
| Earn year–3 | 16.6 | (16.3) | 12.8 | (12.7) | −2.9 | −0.26 |
| Earn year–2 | 17.6 | (16.9) | 13.5 | (13.0) | −3.1 | −0.27 |
| Earn year–1 | 18.0 | (17.2) | 14.5 | (13.6) | −2.5 | −0.23 |
| Pos earn year–6 | 0.69 | (0.46) | 0.70 | (0.46) | 0.3 | 0.03 |
| Pos earn year–5 | 0.68 | (0.47) | 0.74 | (0.44) | 1.6 | 0.14 |
| Pos earn year–4 | 0.69 | (0.46) | 0.73 | (0.44) | 1.1 | 0.10 |
| Pos earn year–3 | 0.68 | (0.47) | 0.73 | (0.44) | 1.4 | 0.13 |
| Pos earn year–2 | 0.68 | (0.47) | 0.74 | (0.44) | 1.6 | 0.15 |
| Pos earn year–1 | 0.69 | (0.46) | 0.74 | (0.44) | 1.2 | 0.10 |