Teaching Business Statistics by Examples: An Illustration, Benefits, and Challenges

Abstract

This study proposes the teaching-by-examples (TBE) approach where the learning objectives are achieved by creating lesson plans encompassing hands-on examples that take precedence in operationalizing the concepts and theories. It illustrates the TBE approach within the context of business statistics and proposes that there is a significant difference in the mean performance of students taught by the TBE approach and of those taught by the traditional lecture method. The findings suggest that the TBE approach results in better student performance than the traditional lecture method. This study also discusses the challenges that accompany the benefits of the TBE approach.