How Business Students and Faculty Quantify Probability Expressions: An Informal Look

Abstract

To acquire some understanding as to the quantitative equivalents business faculty and students associate with qualitative expressions concerning the probability of the attainment of a course grade, an informal inquiry was conducted at a large college in the Northeast. For a set of given terms, the findings suggest that students appear to display a wider variation in their perception than do faculty, with the groups generally exhibiting differing interpretations as to what is really being said when grade probabilities are discussed qualitatively.