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Factors Explaining Business Students’ Success In Business Statistics: A Case From A Scandinavian Business School

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  • Leiv Opstad

Abstract

Statistical skills are strongly linked success in business studies, especially in analyzing risk and in the financial sciences. Therefore, it is useful to acquire more knowledge about factors that can explain the grades achieved in Business Statistics. The objective of this study is to identify variables that are related to performance in Business Statistics among a cohort of business school students in Norway. By using linear regression models, this study tries to identify the relationship between achievement in Business Statistics and several independent variables, including gender, grade point average (GPA) from high school, mathematical background, Big Five personality traits, and attitudes towards statistics (SATS-36). Only attitudes towards statistics were significantly associated with the performance. There is a positive correlation between success in Business Statistics and the two Cognitive Competence and Effort (from SATS-36) dimensions. This is useful knowledge to ensure good results in Business Statistics.

Suggested Citation

  • Leiv Opstad, 2022. "Factors Explaining Business Students’ Success In Business Statistics: A Case From A Scandinavian Business School," Business Education and Accreditation, The Institute for Business and Finance Research, vol. 14(1), pages 1-15.
    • Handle: RePEc:ibf:beaccr:v:14:y:2022:i:1:p:1-15
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    References listed on IDEAS

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    1. Leiv OPSTAD, 2019. "Different Attitudes Towards Mathematics Among Economic And Business Students And Choice Of Business Course Major In Norway," Social Sciences and Education Research Review, Department of Communication, Journalism and Education Sciences, University of Craiova, vol. 6(2), pages 6-30, November.
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    1. Leiv Opstad, 2023. "The Relationship Between Norwegian Business Students’ Attitudes Towards Mathematics And Success In Business Education," International Journal of Teaching and Education, European Research Center, vol. 11(1), pages 47-60, December.
    2. Leiv Opstad & Torbjorn Arethun, 2020. "Skills, Gender, and Performance Matter when Undergraduate Business Students Choose Specialisation within Business Courses," International Journal of Management, Knowledge and Learning, International School for Social and Business Studies, Celje, Slovenia, vol. 9(1), pages 95-107.

    More about this item

    Keywords

    Gender; Big Five; Attitudes Towards Statistics; Mathematical Skills; Regression Model; Success in Business Statistics; Norway; Business School;
    All these keywords.

    JEL classification:

    • A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General
    • A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate
    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General

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