An Empirical Analysis of Social Capital and Household Insurance Purchases in the Context of the Internet of Things: Evidence from China

Table 6

Descriptive statistics of the variables.

Variable	Full sample						Subsample without insurance		Subsample with insurance
	Obs.	Mean	Sd.	Median	Min	Max	Obs.	Mean	Obs.	Mean
SC	31296	23.96	16.51	21.44	0	100	26224	22.15	5072	33.31
Insurance purchase	31296	0.160	0.370	0	0	1	26224	0	5072	1
Proportion of insurance purchase	31296	0.0100	0.0400	0	0	0.320	26224	0	5072	0.0700
Age	31296	53.53	14.68	54	18	97	26224	54.80	5072	46.95
Age squared	31296	30.81	15.65	29.16	3.24	94.09	26224	32.19	5072	23.66
Gender	31296	0.490	0.500	0	0	1	26224	0.480	5072	0.540
Marriage	31296	0.840	0.360	1	0	1	26224	0.840	5072	0.870
Education	31296	0.180	0.390	0	0	1	26224	0.160	5072	0.320
Health	31296	0.480	0.500	0	0	1	26224	0.460	5072	0.570
Risk attitude	31296	0.100	0.300	0	0	1	26224	0.0900	5072	0.150
Happiness	31296	0.710	0.460	1	0	1	26224	0.710	5072	0.700
Social security	31296	0.970	0.170	1	0	1	26224	0.970	5072	0.960
Family size	31296	3.150	1.500	3	1	15	26224	3.100	5072	3.420
Income	31296	10.81	1.240	11.01	6.69	13.39	26224	10.70	5072	11.38
Assets	31296	12.77	1.880	13	0	17.22	26224	12.60	5072	13.62
Consumption	31296	10.68	0.830	10.73	8.41	12.69	26224	10.60	5072	11.11