Impact of Demographics and Personality traits on Confidence level: Determinants of Overconfidence” (Evidence from employees and students)

Abstract

he purpose of this study is to explore the relationship among demograp hics, personality traits and level of confidence. The impact of this paper is twofold, one is to measure the determinants of overconfidence in employees and other is in students. This paper adopts the primary data approach, collected from employees and stu dents through questionnaires .Two diverse populations have been selected and various statistical technique (Pearson correlation, Pearson regression, Chi - square, and Kolmogorov - Smirnov tests) are used for analysis purpose using SPSS software on a 100 sample size. Research findings shows that in employees when Openness to experience increase , overconfidence level decrease, however all remaining personality traits(conscientiousness, agreeableness, emotional stability and openness to experience) is correlated with overconfidence. In students there is no correlation between overconfidence and any of the personality traits. The regression analysis findings show that no linear relationship exists between independent and dependent variable in employees for individu al personality traits except of emotional stability. Only emotional stability has a significant predictor of overconfidence among all five personality traits. However the overall personality is the significant predictor of overconfidence in employees. For students, neither individual personality traits nor overall personality has linear relationship with overconfidence.