Changes in Math Prerequisites and Student Performance in Business Statistics: Do Math Prerequisites Really Matter?
AbstractWe use a binary probit model to assess the impact of several changes in math prerequisites on student performance in an undergraduate business statistics course. While the initial prerequisites did not necessarily provide students with the necessary math skills, our study, the first to examine the effect of math prerequisite changes, shows that these changes were deleterious to student performance. Our results helped convince the College of Business to change the math prerequisite again beginning with the 2008/2009 academic year. Thus, this study is also the first to actually help strengthen math prerequisites and improve student performance in business statistics.
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Bibliographic InfoPaper provided by Ball State University, Department of Economics in its series Working Papers with number 200704.
Length: 26 pages
Date of creation: Jul 2007
Date of revision: Jul 2007
Publication status: Published in The Journal of Economics and Finance Education, 2007, vol. 6, no. 2, pp. 27-38
binary probit; business statistics; math prerequisites; student performance.;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-07-27 (All new papers)
- NEP-BEC-2007-07-27 (Business Economics)
- NEP-EDU-2007-07-27 (Education)
- NEP-SOG-2007-07-27 (Sociology of Economics)
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