ERIC Number: EJ1107418
Record Type: Journal
Publication Date: 2015
Abstractor: As Provided
Reference Count: 31
Regression Analysis: Instructional Resource for Cost/Managerial Accounting
Stout, David E.
Accounting Education, v24 n1 p57-73 2015
This paper describes a classroom-tested instructional resource, grounded in principles of active learning and a constructivism, that embraces two primary objectives: "demystify" for accounting students technical material from statistics regarding ordinary least-squares (OLS) regression analysis--material that students may find obscure or overly abstract--and increase student knowledge regarding the use of Excel for cost-estimation purposes. The resource consists of a set of seven student-related files--PowerPoint slides, Word documents, and Excel files--divided into two major parts: four files that deal with simple (i.e., one-variable) linear regression and three files related to the incremental unit-time learning-curve model. A separate Word file, meant for instructors, provides detailed guidance regarding the use of the student-based files. The resource is flexible in that it can be used at both graduate and undergraduate courses in cost/management accounting; customized to meet the needs of individual instructors (coverage of the entire resource requires approximately seven hours of in-class time) and used in conjunction with any cost/management accounting textbook. Throughout the resource many references to related online supplemental materials are provided, including links to relevant online video clips.
Descriptors: Accounting, Teaching Methods, Active Learning, Constructivism (Learning), Computer Software, Knowledge Level, Guidance, Least Squares Statistics, Regression (Statistics), Video Technology, Textbooks, Student Attitudes, Feedback (Response), Graduate Students, Undergraduate Students, Student Surveys, Likert Scales, Pretests Posttests
Publication Type: Journal Articles; Tests/Questionnaires; Reports - Research
Education Level: Higher Education; Postsecondary Education
Authoring Institution: N/A