The Role of Wealth and Health in Insurance Choice: Bivariate Probit Analysis in China

Table 1

Statistical descriptions and relevance.

	Mean	Wealth	Health	Age	Gender	Marriage	Education	Residence
Wealth	6248.7	1.0000
Health	3.5031	−0.0641	1.0000
Age	58.987	−0.0097	0.1346	1.0000
Gender	0.5198	−0.0395	0.0839	−0.0539	1.0000
Marriage	0.1264	−0.0236	0.0538	0.3306	0.097007	1.0000
Education	3.3653	0.1269	−0.1533	−0.2934	−0.2878	−0.1753	1.0000
Residence	0.2113	0.1017	−0.0692	0.0483	−0.0361	−0.0096	0.3934	1.0000