DOI: https://doi.org/10.59321/BAUETJ.V4I1.17
AUTHOR(S)
Md. Siraz Meah
ABSTRACT
The main objective of the study explores the challenges of business students to apply mathematical knowledge in business discipline.To do this, the author has collected the data from 200 students of BGC Trust University Bangladesh (BGCTUB) by using purposive sampling technique. The data are processed with the help of statistical package of social science (SPSS 23 Version) and the MS excel. Factor analysis (Principal Component Analysis) as well as multiple regression analysis has been done for the study. The factor analysis reduced the 17 challenges into 6.Among the 6 challenges, first one is most important which explains highest variance (25.862%) in the variables and initial Eigen value is 4.40.It covers most challenges (10) out of the 17 challenges. And second one is also important which explains 8.43% of the variation in students’ challenges for their understanding and initial Eigen value is 1.43. It covers 3 challenges.In the multiple regression analysis, all the factors of challenges are significant statistically and they are positively correlated. Hence, Business Mathematic (BM) instructors are suggested to concentrate all of the challenges especially first and second important factors of challengesto apply mathematical knowledge in business studies.