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They suggested that a non-literate individual was able to understand this information as well as a literate individual when it was discussed in their own language.
All literate individual subjects read the consent paper by themselves and signed.
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Literate individuals possess knowledge and skill and can apply these to perform tasks in novel settings.
Financially literate individuals are more likely to take action and opt out the default option in economic decision-making.
Financially literate individuals are also more likely to choose an Adjustable Rate Mortgage (ARM), suggesting they avoid paying the term premium of a fixed rate mortgage.
Physical education teachers play an important role in helping students' development of the motor skills needed to be physically literate individuals.
It could thus simply be the case that more financially literate individuals hold more stocks rather than being better at picking them.
Nonetheless, expected risk-adjusted annual returns are 130 basis points higher for the most financially literate individuals compared with their least knowledgeable peers.
For non-algorithmically literate individuals, this may seem like magic.
Therefore, the relationship between education and literacy is reciprocal: more literate individuals stay in education for longer and achieve a higher level of attainment, and staying in education for longer and reaching higher levels of attainment produce higher literacy (Kirsch et al. 1993).
It is not surprising that this population performs well below experts, but it forces us to question what tree thinking skills one would expect for scientifically literate individuals (that is, what skills are needed to interpret the phylogenetic trees presented in lay media?).
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com