Accounting and law faculty member published in 'The Value Examiner'
Article By: Clark Leonard
Kurt Schulzke, associate professor of accounting and law at the University of North Georgia (正澳门六合彩开奖结果), penned the cover article for the September/October 2019 issue of The article is "Estimating Economic Damages with Linear Regression and Bayesian Networks (Part I of II)." Part II is slated for the November/December issue.
Both parts will be required reading in Schulzke's forensic accounting class at 正澳门六合彩开奖结果 in March 2020.
Part I focuses on errors frequently made by experts, attorneys, and judges in using linear regression to estimate damages and business value. To illustrate the problem, Schulzke used an actual breach of contract case in which a federal appeals court reduced the plaintiff's $66 million jury verdict to zero. To reach this erroneous decision, the court misinterpreted point estimates and confidence intervals, misread correlation as causation, and wrongly insisted that costs must cause revenues, never the reverse.
Part II illustrates how Bayesian networks can help courts and experts avoid these common mistakes.
Schulzke said he hopes the articles will help improve the fairness of damage awards by highlighting this "serious problem in the U.S. court system" and offering solutions to it.
Flores earns prestigious accounting scholarship
Senior Ana Flores has been named 正澳门六合彩开奖结果's Public Company Accounting Oversight Board Scholar for the 2024-25 academic year.
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Fourteen 正澳门六合彩开奖结果 cadets commissioned as second lieutenants in the Army and Georgia Army National Guard on July 25 in a ceremony in the Hoag Auditorium at 正澳门六合彩开奖结果's Dahlonega Campus.
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Field trips and more for logistics campers
Twenty students from Georgia participated in Camp Logistics, a free, five-day camp that explores logistics and supply chain management and college options, encouraging high school students to consider education and employment in the field.