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Changes in Math Prerequisites and Student Performance in Business Statistics: Do Math Prerequisites Really Matter?

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Author Info
Jeffrey J. Green () (Department of Economics, Ball State University)
Courtenay C. Stone () (Department of Economics, Ball State University)
Abera Zegeye () (Department of Economics, Ball State University)
Thomas A. Charles () (Department of Economics, Ball State University)
Abstract

We 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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File URL: http://web.bsu.edu/cob/econ/research/papers/bsuecwp200704green.pdf
File Format: application/pdf
File Function: First version, 2007
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Publisher Info
Paper provided by Ball State University, Department of Economics in its series Working Papers with number 200704.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 26 pages
Date of creation: Jul 2007
Date of revision: Jul 2007
Publication status: Forthcoming in Journal of Financial Services Research
Handle: RePEc:bsu:wpaper:200704

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Related research
Keywords: binary probit; business statistics; math prerequisites; student performance.;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. J. S. Butler & T. Aldrich Finegan & John J. Siegfried, 1998. "Does more calculus improve student learning in intermediate micro- and macroeconomic theory?," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 13(2), pages 185-202. [Downloadable!]
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  2. William E. Becker & William H. Greene, 2001. "Teaching Statistics and Econometrics to Undergraduates," Journal of Economic Perspectives, American Economic Association, vol. 15(4), pages 169-182, Fall. [Downloadable!] (restricted)
  3. Becker, William E, 1998. "Engaging Students in Quantitative Analysis with Short Case Examples from the Academic and Popular Press," American Economic Review, American Economic Association, vol. 88(2), pages 480-86, May. [Downloadable!] (restricted)
  4. Rick Mattoon, 2007. "Can higher education foster economic growth?—a conference summary," Chicago Fed Letter, Federal Reserve Bank of Chicago, issue Mar. [Downloadable!]
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