10 ESTUDIO ECONÓMICO – FINANCIERO
10.8 ÍNDICES FINANCIEROS
10.8.7 RENDIMIENTO SOBRE LA INVERSIÓN
The purpose of this study was to determine whether there differences exist in subjective
well-being and motivation among three discrete groups of doctoral students: Ed.D. and Ph.D.
students, part-time enrolled and full-time enrolled students, as well as first-year and second-year
doctoral students. One survey was administered to 142 doctoral students within UCF’s College
of Education. Of the 142 students who received a link to the survey via their student email
address, 40 doctoral students responded and completed the survey in its entirety. This chapter
presents the results of that data review as it relates to providing answers to:
1. Are there differences between Ed.D. and Ph.D. students in their motivation and
subjective well-being?
a. If there is a difference between students enrolled in the Ed.D. and Ph.D. programs in
motivation and subjective well-being, what may be contributing to the difference?
2. Are there differences between part-time enrolled and full-time enrolled students in their
motivation and subjective well-being?
a. If there is a difference between part-time enrolled and full-time enrolled students
enrolled in these doctoral programs, what may be contributing to the difference?
3. Are there differences between first year and second year students’ motivation and
subjective well-being?
a. If there is a difference between first and second year doctoral students in motivation,
Data Analysis
Survey participants had a two-week period during which they could begin and complete
the survey, with the ability to return later and complete the survey prior to the survey close date.
At the time of the survey’s closing, 47 students had responded to and began taking the electronic survey, however only 40 completed the entire survey. Therefore, the survey response rate was
28.2%, after removing the partial responses of the seven incomplete surveys that were recorded
at the close of the survey.
Statistical analysis of the three research questions was completed using the Mann-
Whitney test for non-parametric data (see results in Table 2). The Mann-Whitney U test was
chosen for the analysis of the three primary research questions because it compares distributions,
and the data collected were relatively non-normal, and the scales used throughout the survey
were ordinal. Findings were considered statistically significant at p < .05(Gall, Gall, & Borg,
2007).
Table 2. Mann-Whitney Mean Scores
Mann-Whitney Results
Ed.D. and Ph.D. PT Enrolled and FT Enrolled First Year and Second Year Subjective Well-Being p .091 .416 0.2 U 204.00 169.50 133.50 Motivation to Enter p .718 .196 0.9 U 179.00 152.00 182.00 Motivation to Do Well p .091 .634 0.8 U 253.00 217.00 186.00
Mann Whitney Descriptive Statistics
Ed.D. Ph.D. PT Enrolled FT Enrolled First Year Second Year
M M M M M M
Subjective Well-Being 20.00 21.25 21.93 18.92 22.06 17.27
Motivation to Enter 21.04 19.69 22.76 18.00 20.26 21.00
Table 3. Mann-Whitney Test Results
Scale Interpretation Subjective well-being
To determine a cumulative score for each participant’s subjective well-being, the score for the Satisfaction with Life Scale (SWLS) was combined with the score from the Brief
Symptom Inventory (BSI). A higher score on the BSI indicated decreased participant well-being,
while a higher score on the SWLS prior to reverse-scoring indicated increased well-being. To
properly calculate a cumulative SWB score, each item within the SWLS was reverse-scored so
that a higher score on the SWLS would similarly indicate decreased well-being. After reverse-
scoring of the SWLS, each participant’s overall subjective well-being score was then determined by simple calculation. Descriptive statistics for the items measuring this construct are available
in Table 4. A higher score on this scale should be interpreted as decreased well-being, while a
lower score should be interpreted as increased well-being.
To determine a cumulative score for each participant’s intrinsic and extrinsic motivations, the Self-Determined Career Motivations (SDCM) scale for motivation to enter and motivation to
do well in the doctoral program were also reverse-scored. The first three items of each
instrument were indicators of extrinsic motivation, while last three items of each instrument were Mann-Whitney Results
Ed.D. and Ph.D. PT Enrolled and FT Enrolled First Year and Second Year Subjective Well-Being p .091 .416 0.2 U 204.00 169.50 133.50 Motivation to Enter p .718 .196 0.9 U 179.00 152.00 182.00 Motivation to Do Well p .091 .634 0.8 U 253.00 217.00 186.00
Mann Whitney Descriptive Statistics
Ed.D. Ph.D. PT Enrolled FT Enrolled First Year Second Year
M M M M M M
Subjective Well-Being 20.00 21.25 21.93 18.92 22.06 17.27
Motivation to Enter 21.04 19.69 22.76 18.00 20.26 21.00
motivators were reverse-scored so that a higher score on the entire instrument indicated a
tendency toward extrinsic motivations. This process was repeated for each participant’s
motivation to do well in their doctoral program. Descriptive statistics for the items measuring
this construct are available in Table 5. A higher score on this scale should be interpreted as
heightened extrinsically motivated behavior, while a lower score on this scale should be
interpreted as more intrinsically motivated behavior.
Table 4. Measures of SWB, Descriptive Statistics
Item N Min. Max. M SD
Satisfaction with Life Scale (SWLS)
In most ways, my life is close to ideal. 40 1 5 3.48 .987
The conditions of my life are excellent. 40 2 5 3.78 .920
I am satisfied with my life. 40 2 5 4.00 .877
If I could live my life over, I would change almost nothing. 40 1 5 3.60 1.336 So far I have gotten the important things I want in life. 40 2 5 4.05 .932
Brief Symptom Inventory (BSI)
Nervousness or shakiness inside 40 1 5 1.85 1.122
Faintness or dizziness 40 1 5 1.43 1.010
Feeling that others are to blame for most of your troubles 40 1 3 1.25 .494
Trouble remembering things 40 1 5 2.05 1.131
Feeling easily annoyed or irritated 40 1 5 2.48 1.176
Pains in heart or chest 40 1 3 1.23 .530
Thoughts of ending your life 40 1 2 1.03 .158
Feeling that most people cannot be trusted 40 1 4 1.45 .714
Poor appetite 40 1 5 1.45 .959
Suddenly scared for no reason 40 1 3 1.10 .379
Temper outbursts that you could not control 40 1 3 1.37 .667
Feeling blocked in getting things done 40 1 5 2.18 1.059
Feeling lonely 40 1 4 1.88 1.042
Feeling blue 40 1 4 1.60 .841
Feeling no interest in things 40 1 3 1.38 .628
Feeling fearful 40 1 4 1.33 .656
Your feelings being easily hurt 40 1 4 1.60 .841
Feeling that people are unfriendly or dislike you 40 1 3 1.40 .672
Feeling inferior to others 40 1 5 1.70 1.018
Nausea or upset stomach 40 1 5 1.53 1.037
Feeling that you are watched or talked about by others 40 1 4 1.38 .740
Trouble falling asleep 40 1 5 1.95 1.218
Having to check and double check what you do 40 1 5 2.10 1.128
Difficulty making decisions 40 1 4 1.78 .891
Trouble catching your breath 40 1 3 1.15 .427
Hot or cold spells 40 1 4 1.30 .723
Your mind going blank 40 1 5 1.195 1.154
Numbness or tingling in parts of your body 40 1 5 1.35 .893
Feeling hopeless about the future 40 1 3 1.35 .622
Trouble concentrating 40 1 4 1.193 .917
Feeling weak in parts of your body 40 1 4 1.35 .770
Feeling tense or keyed up 40 1 5 2.23 1.271
Thoughts of death or dying 40 1 2 1.05 .221
Having urges to beat, injure, or harm someone 40 1 2 1.10 .304
Having urges to break or smash things 40 1 4 1.30 .687
Feeling very self-conscious with others 40 1 4 1.73 .960
Spells of terror or panic 40 1 4 1.25 .630
Getting into frequent arguments 40 1 4 1.23 .577
Feeling nervous when you are left alone 40 1 3 1.08 .350
Others not giving you credit for your achievements 40 1 4 1.52 .784
Feeling so restless you couldn’t sit still 40 1 5 1.45 .959
Feelings of worthlessness 40 1 4 1.38 .774
Feeling that people will take advantage of you if you let them 40 1 5 1.75 1.149
Feelings of guilt 40 1 4 1.48 .784
Table 5. Measures of Motivation, Descriptive Statistics Descriptive Statistics, Measures of Motivation
Item N Min. Max. M SD
Motivation to Enter Doctoral Program
REASON I. You entered this program because somebody else wants you