{"id":19781,"date":"2024-02-04T20:47:43","date_gmt":"2024-02-04T15:17:43","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=19781"},"modified":"2024-02-04T20:47:43","modified_gmt":"2024-02-04T15:17:43","slug":"experiences-of-students-on-the-problem-of-understanding-derivatives","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=19781","title":{"rendered":"Experiences of Students on The Problem of Understanding Derivatives"},"content":{"rendered":"<p><strong>Authors: &#8211; <\/strong>Vishal Gupta (F1 Batch : 21230023804)<\/p>\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Vaibhav Kumar (F1 Batch : 21230023885)<\/p>\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Manish Gautam (F1 Batch : 21230023922)<\/p>\n<p><strong>Introduction: &#8211; <\/strong>Understanding derivatives is a critical aspect of financial literacy and investment strategy. Derivatives are financial contracts that derive their value from the performance of an underlying asset, such as a stock, bond, commodity, currency,\u00a0or\u00a0index. However, the problem of understanding derivatives goes beyond the simple concept of underlying asset.<\/p>\n<p><strong>Objectives: &#8211; <\/strong>To understand the underlying phenomena of this problem.<\/p>\n<p><strong>Literature review: &#8211;<\/strong> Research suggests that common challenges include the abstract nature of the concept, the need for a solid foundation in algebra and functions, and the lack of real-world context in traditional teaching\u00a0methods. Studies have indicated that students often struggle with visualizing the geometric interpretation of derivatives and fail to connect it to real-world applications. Moreover, the transition from basic calculus to derivatives introduces new mathematical notations and concepts, contributing to the complexity of the learning process.<\/p>\n<p><strong>Testing of Hypothesis-<\/strong><\/p>\n<p>H0: \u03bc=3<\/p>\n<p>H1: \u03bc\u22603<\/p>\n<p><strong>Data Collection-<\/strong><\/p>\n<ol>\n<li>I have a basic understanding of what derivatives are used for.<\/li>\n<li>I understand the connection between derivatives and slope of a graph.<\/li>\n<li>I understand the difference between instantaneous and average rate of change.<\/li>\n<li>The use of mathematical notation in derivatives confuses me.<\/li>\n<li>I can apply the chain rule and product rule to differentiate more complex functions.<\/li>\n<\/ol>\n<p>These 5 questions were asked in Google form to students and for every question standard deviation<sub>,<\/sub> standard error, mean and t-stat was calculated.<\/p>\n<p><strong>Data analysis- <\/strong><\/p>\n<ul>\n<li>I have a basic understanding of what derivatives are used for.<\/li>\n<\/ul>\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 MEAN= 2.99\u00a0\u00a0 SD= 1.096\u00a0\u00a0 SE= 0.109\u00a0\u00a0 T-STAT= -0.091<\/p>\n<ul>\n<li>I understand the connection between derivatives and slope of a graph.<\/li>\n<\/ul>\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0 MEAN= 3.1\u00a0\u00a0\u00a0\u00a0 SD= 1.105\u00a0\u00a0 SE= 0.110\u00a0\u00a0 T-STAT= 0.905<\/p>\n<ul>\n<li>I understand the difference between instantaneous and average rate of change.<\/li>\n<\/ul>\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0 MEAN= 3.14\u00a0\u00a0\u00a0 SD= 1.064\u00a0\u00a0\u00a0 SE= 0.106\u00a0\u00a0\u00a0 T-STAT= 1.316<\/p>\n<ul>\n<li>The use of mathematical notation in derivatives confuses me.<\/li>\n<\/ul>\n<p>MEAN= 3.24\u00a0\u00a0 SD= 1.280\u00a0\u00a0\u00a0 SE= 0.128\u00a0\u00a0 T-STAT= 1.875<\/p>\n<p>\u00a0<\/p>\n<ul>\n<li>I can apply the chain rule and product rule to differentiate more complex functions.<\/li>\n<\/ul>\n<p>MEAN= 3.2\u00a0\u00a0 SD= 1.064\u00a0\u00a0\u00a0 SE= 0.106\u00a0\u00a0 T-STAT= 1.880<\/p>\n<p>\u00a0<\/p>\n<p><strong>Conclusion:<\/strong><\/p>\n<ul>\n<li>I have a basic understanding of what derivatives are used for.<\/li>\n<li>T-stat is -0.091 which is between 1.96 and \u2013 1.96 we accept the null hypothesis, and it is negative more than 1.96. It means people are neutral towards the statement.<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<ul>\n<li>I understand the connection between derivatives and slope of a graph.<\/li>\n<li>T-stat is 0.905 which is between 1.96 and \u2013 1.96 we accept the null hypothesis, and it is positively less than 1.96. It means people are neutral towards the statement.<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<ul>\n<li>I understand the difference between instantaneous and average rate of change.<\/li>\n<li>T-stat is 316 which is between 1.96 and \u2013 1.96 we accept the null hypothesis, and it is positively less than 1.96. It means people are neutral towards the statement.<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<ul>\n<li>The use of mathematical notation in derivatives confuses me.<\/li>\n<li>T-stat is 1.875 which is between 1.96 and \u2013 1.96 we accept the null hypothesis, and it is positively less than 1.96. It means people are neutral towards the statement.<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<ul>\n<li>I can apply the chain rule and product rule to differentiate more complex functions.<\/li>\n<li>T-stat is 1.88 which is between 1.96 and \u2013 1.96 we accept the null hypothesis, and it is positively less than 1.96. It means people are neutral towards the statement.<\/li>\n<\/ul>\n<p><strong>References<\/strong><\/p>\n<p>https:\/\/www.investopedia.com\/terms\/d\/derivative.asp<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Authors: &#8211; Vishal Gupta (F1 Batch : 21230023804) \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Vaibhav Kumar (F1 Batch : 21230023885) \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Manish Gautam (F1 Batch : 21230023922) Introduction: &#8211; Understanding derivatives is a critical aspect of financial literacy and investment strategy. Derivatives are financial contracts that derive their value from the performance of an underlying asset, such as a stock,&hellip; <a class=\"more-link\" href=\"http:\/\/www.sachdevajk.in\/?p=19781\">Continue reading <span class=\"screen-reader-text\">Experiences of Students on The Problem of Understanding Derivatives<\/span><\/a><\/p>\n","protected":false},"author":139094,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[],"class_list":["post-19781","post","type-post","status-publish","format-standard","hentry","category-finance","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/users\/139094"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19781"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19781\/revisions"}],"predecessor-version":[{"id":19782,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19781\/revisions\/19782"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19781"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}