Specifically, we apply mobile payment transactions (MPT) as an explanatory variable, population (POP) as a mediating variable because it serves as a dependent and at the same time independent variable to variables within the conceptual model in Figure 1, whereas financial sector rating (FSR), ...
The POP has an average value of 2.334, suggesting the rate of growth is medium, with a variation of 0.851. Importantly, the average value of LEX is 62.238 years, with Std. Dev. of 5.391. This implies that there are high variations in LEX across the sample SSA countries. Moreover, the...