A Novel Key Influencing Factors Selection Approach of P2P Lending Investment Risk

Table 1

Regression analysis between different influencing factors and default risk.

Variable names	Probit regression equation	Explained variable (default)
	coefficient		dy/dx
Interest rate	0.0573	≤0.001	0.0221
Number of investors	0.0007	0.402	0.0003
Age	0.0182	0.008	0.0070
Occupation	0.0495	0.004	0.0191
Persudo R^2 = 0.304
LR chi2(4) = 33.67
Prob > chi2 = 0.0000

, , and indicate statistical significance at 10%, 5%, and 1% significance levels, respectively.