# Proceedings of the Annual Meeting of the American Statistical Association, August 5-9, 2001 WORK EXPERIENCE: DETERMINANT OF MBA ACADEMIC SUCCESS?

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3 Table 1 Descriptive Statistics (sample size=280) Variable Mean Standard Deviation MBA GPA (*) Gender (a) Years of Work Experience Years of Work Experience (b) Undergraduate Degree (c) Undergraduate Institution (d) GMAT Total GMAT Verbal (raw) GMAT Quant (raw) Undergraduate GPA * dependent variable (a) (b) (c) (d) 0=male, 1=female 0=fewer than five years, 1= five years or more 0=non-business degree, 1=business degree 0=different from MBA, 1=same as MBA Table 2a Correlations of Independent Variables with Graduate GPA Gender.118 ** Work Experience (raw).168 *** Work Experience (coded).155 *** Undergraduate Degree * Undergraduate Institution.025 GMAT Total.336 *** GMAT Verbal.293 *** GMAT Quant.284 *** Undergraduate GPA.311 *** * significant at.10 level ** significant at.05 level *** significant at.01 level

4 Table 2b Some Important Correlations for Pairs of Independent Variables Gender and GMAT Total *** Gender and Undergraduate GPA.235 *** GMAT Total and Work Experience (raw).012 GMAT Total and Work Experience (coded).036 GMAT Total and Undergraduate GPA.003 Undergraduate GPA and Work Experience (raw) Undergraduate GPA and Work Experience (coded) * * significant at.10 level ** significant at.05 level *** significant at.01 level Table 3 Results of Stepwise Multiple Regression Multiple R.4908 R Squared.2409 Standard Error of Estimate.1996 Variable Coefficient Standard Error T Statistic Intercept (***) GMAT Total (***) Undergraduate GPA (***) Work Experience (coded) (***) *** significant at.001 level

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