Fostering Active Learning in Students of Commerce and Accounting: Using Red Bead Activities to Teach Statistical Concepts
Published: 2021
Author(s) Name: Eric B. Howington, Mitra L. Devkota |
Author(s) Affiliation: Langdale College of Business, Valdosta State University, Valdosta, GA.
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Abstract
Click Here:Access Full TextThis work describes in-class active learning activities that can be conducted using the same or similar materials to those W Edwards Deming used in his famous “red bead experiment”. Specifically, the proposed activities are designed for use in the first business statistics course taught in a flipped classroom format, where having a repertoire of good in-class activities is essential for engaging students in the active learning process. In recent years, numerous active learning activities have been developed and popularised for general statistics courses, but there have been few activities developed specifically for students studying business and related fields. The activities proposed here are designed to foster active learning for students of accounting, economics, finance, marketing, management, and other fields related to business and commerce. The activities require a minimal investment in materials and can be used to supplement instruction of statistical topics including random variation, sampling distributions, estimation, and interpretation of confidence intervals.
Keywords: Active Learning, Business Education, Classroom Activities, Deming, Flipped, Red Bead Experiment
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