| Null Hypotheses | Accepted or Rejected | Variables Significant |
| H01: There is no significant relationship between demographic variables and optimism bias. | Rejected | marital status, nature of employment, work experience |
| H02: There is no significant relationship between risk taking behaviour of males and females. | Accepted | |
| H03: There is no significant relationship between risk taking behaviour and MBTI Personality type of investors. | Rejected | Personality Type |
| H04: There is no significant relationship between demographic variables and high risk investment instruments. | Rejected | Gender, age, marital status, work place activity |
| H05: There is no significant relationship between demographic variables and medium risk investment instruments. | Rejected | work experience, gender, risk taking attitude |
| H06: There is no significant relationship between demographic variables and low risk investment instruments. | Accepted | |
| H07: There is no significant relationship between investment pattern and MBTI Personality type of investors. | Accepted | Personality has impact on medium risk investments |