An Empirical Analysis Of A Cumulative/Re-Work Testing Strategy: Its Effect On Student Performance in Principles Of Finance

This paper examines the effectiveness of a cumulative/rework testing strategy (CRTS) in principles offínance course. We find evidence suggesting that CRTS adversely affected student performance although students had a positive perception of CRTS. The empirical results are robust to different estimat...

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Veröffentlicht in:Journal of financial education 2004-12, Vol.30, p.16-31
Hauptverfasser: Chan, Kam C., Shum, Connie
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creator Chan, Kam C.
Shum, Connie
description This paper examines the effectiveness of a cumulative/rework testing strategy (CRTS) in principles offínance course. We find evidence suggesting that CRTS adversely affected student performance although students had a positive perception of CRTS. The empirical results are robust to different estimation methods and different performance measures. The fíndings of this study are in contrast with the literature in psychology and accounting. We conjecture that the mechanics of responding to CRTS may be different with respect to different disciplines or different student academic standings and students may not study as hard as they should since they know that they can rework the missed problems.
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subjects Censorship
Descriptive statistics
Education credits
Educational research
Finance
Financial accounting
Grade point average
Psychology
Sampling bias
Student surveys
title An Empirical Analysis Of A Cumulative/Re-Work Testing Strategy: Its Effect On Student Performance in Principles Of Finance
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