Math Myth Conjecture: If one restricts one’s attention to the hardest cases, namely, graduates of top engineering schools such as MIT, RPI, Cal. Tech., Georgia Tech., etc., then the percent of such individuals holding engineering as opposed to management, financial or other positions, and using more than Excel and eighth grade level mathematics (arithmetic, a little bit of algebra, a little bit of statistics, and a little bit of programming) is less than 25% and possibly less than 10%.
Source: The Math Myth, Bryan Caplan | EconLog | Library of Economics and Liberty