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An Investigation into the Impact of Application of Mathematics in Entrepreneurial Skills Development
Subject area: Physical Sciences and Environment · Area of research: Mathematics Education
Abstract
This study focused on the impact of the application of mathematics in entrepreneurial skill development The study was conducted in in Idemili North Local government Area Anambra State. Mostly people in Idemili North Local Government Area are known for their engagement with small and large skilled business for earning a living. A survey research design was used for the study. The Taro Yamane formula was used to select a sample of four hundred (400) entrepreneur from major commercial towns in the Local Government Area. The instrument of study was Ten (10) items structured questionnaire. The instrument was validated by two lecturers from mathematics department and measurement and evaluation unit of psychology department of Nwafor Orizu College of Education, Nsugbe. The reliability was established using Pearson Product Moment Correlation Coefficient(r) and a value of 0.85was obtained which was considered high enough. Three (3) research questions and two (2) research hypotheses were formulated to guide the study. The research questions were analyzed using percentages (%) and the research hypothesis was tested using Chi- square(X2) statistic at 0.05 level of significance. In light of the findings, recommendations were made that application of mathematics in entrepreneurial development studies essential for rapid and sustainable economic growth and development; reduction in unemployment and poverty.
References
[1] Aboit, Lewis Fredrick, (2003). Industry and Enterprise. An International Survey of Modernization and Development.
[2] Abott Lewis F. (2003): Concept of Development. Operational Needs Assessment Concept of Operation, Operational requirements and High – Level Conceptual Definition Importance of Development.
[3] Igbongidi (2010): Meaning of Entrepreneur, Enjoy Business Challenges and sees these Challenges as Stepping Stories Towards Success.
[4] Igbongidi, B.P (2010). Entrepreneurship: A Strategic Tool for Sustainable Development. A Paper Presented at the 22nd ABEN National Conference at Federal College of Education, Abeokuta.
[5] Nworgu, B,G (2006): Educational Research Issue and Methodology Ibadan Oluseji Press.
[6] Odumosu M.O and Olusesan E.G(2016) Relevance Of Mathematics Education To Entrepreneurship Skills Acquisition Towards The Realization of Vision 20:2020.International Journal For Cross –Disciplinary Subjects In Education .7(2).2768-2773
[7] Shelby L. B (1939 – 2001) Math Skills and Entrepreneurial Success Theories of the Application of Mathematics in Entrepreneurial Development Student.
[8] Sonoike O. (2006). Concept of Entrepreneur. Youth should be Creating Innovative, Self Reliant and be Prepared.
How to cite this paper
@article{1707749,
author = {Uwandu Simon, Menkiti Chika},
title = {An Investigation into the Impact of Application of Mathematics in Entrepreneurial Skills Development},
journal = {Iconic Research And Engineering Journals},
year = {2025},
volume = {8},
number = {10},
pages = {181-186},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1707749.pdf},
abstract = {This study focused on the impact of the application of mathematics in entrepreneurial skill development The study was conducted in in Idemili North Local government Area Anambra State. Mostly people in Idemili North Local Government Area are known for their engagement with small and large skilled business for earning a living. A survey research design was used for the study. The Taro Yamane formula was used to select a sample of four hundred (400) entrepreneur from major commercial towns in the Local Government Area. The instrument of study was Ten (10) items structured questionnaire. The instrument was validated by two lecturers from mathematics department and measurement and evaluation unit of psychology department of Nwafor Orizu College of Education, Nsugbe. The reliability was established using Pearson Product Moment Correlation Coefficient(r) and a value of 0.85was obtained which was considered high enough. Three (3) research questions and two (2) research hypotheses were formulated to guide the study. The research questions were analyzed using percentages (%) and the research hypothesis was tested using Chi- square(X2) statistic at 0.05 level of significance. In light of the findings, recommendations were made that application of mathematics in entrepreneurial development studies essential for rapid and sustainable economic growth and development; reduction in unemployment and poverty.},
month = {April},
}