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

Jeffrey Green (), Courtenay Stone (), Abera Zegeye () and Thomas Charles ()
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Jeffrey Green: Department of Economics, Ball State University
Courtenay Stone: Department of Economics, Ball State University
Abera Zegeye: Department of Economics, Ball State University
Thomas Charles: Department of Economics, Ball State University

No 200704, Working Papers from Ball State University, Department of Economics

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.

Keywords: binary probit; business statistics; math prerequisites; student performance. (search for similar items in EconPapers)
Pages: 26 pages
Date: 2007-07, Revised 2007-07
New Economics Papers: this item is included in nep-bec, nep-edu and nep-sog
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Published in The Journal of Economics and Finance Education, 2007, vol. 6, no. 2, pp. 27-38

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