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Using experiment to help understanding valuation issues / Ting Kien Hwa, Rohayu Abdul Majid and Suriyana Mustafar

Traditional teaching method using lectures are unable to relate to real property valuation processes. Recent explorations of the experimental method have lead to its applications into the field of real estate. Experimental method utilize experiments and demonstrations to simulate real estate process...

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Main Authors: Ting, Kien Hwa, Abdul Majid, Rohayu, Mustafar, Suriyana
Format: Article
Language:English
Published: UiTM Press 2020
Subjects:
LB Theory and practice of education
Online Access:https://ir.uitm.edu.my/id/eprint/81085/1/81085.pdf
https://ir.uitm.edu.my/id/eprint/81085/
https://journalined.uitm.edu.my/
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spelling my.uitm.ir.810852023-07-21T00:33:46Z https://ir.uitm.edu.my/id/eprint/81085/ Using experiment to help understanding valuation issues / Ting Kien Hwa, Rohayu Abdul Majid and Suriyana Mustafar ijelhe Ting, Kien Hwa Abdul Majid, Rohayu Mustafar, Suriyana LB Theory and practice of education Traditional teaching method using lectures are unable to relate to real property valuation processes. Recent explorations of the experimental method have lead to its applications into the field of real estate. Experimental method utilize experiments and demonstrations to simulate real estate processes to examine various theories and hypotheses. The design of an experimental method involves: 1. Determine the learning outcome, 2. Design the experiment, 3. Implementation, 4. Statistical test and results. The main part of the study took place during three class days with the students divided into two groups. The Expeimental (EXP) Group is subject to observing a demonstration whereas the Control Group (CON) attend the normal lectures. The test scores are analysed using mean score of EXP and CON groups and mean difference analysis using ANOVA analysis. The ANOVA shows significant differences between the two groups of students in understanding valuation smoothing. The group that has undergone experiments is found to have a higher score in the test and shows better understanding towards the smoothing processes. Significant statistical difference in mean test values implies the success of the application. The experimental method is found to improve understanding theoretical principles and improve problem solving skills. Upon successful validation of the method, it can be applied to other similar topics/issues in the same subject or other subjects. Thus widening the teaching delivery options in the classroom other than lectures, tutorials, case studies etc. UiTM Press 2020-06 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/81085/1/81085.pdf Using experiment to help understanding valuation issues / Ting Kien Hwa, Rohayu Abdul Majid and Suriyana Mustafar. (2020) International Journal of e-Learning and Higher Education (IJELHE) <https://ir.uitm.edu.my/view/publication/International_Journal_of_e-Learning_and_Higher_Education_=28IJELHE=29/>, 13 (1): 16. pp. 237-245. ISSN 2229-8223 https://journalined.uitm.edu.my/
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic LB Theory and practice of education
spellingShingle LB Theory and practice of education
Ting, Kien Hwa
Abdul Majid, Rohayu
Mustafar, Suriyana
Using experiment to help understanding valuation issues / Ting Kien Hwa, Rohayu Abdul Majid and Suriyana Mustafar
description Traditional teaching method using lectures are unable to relate to real property valuation processes. Recent explorations of the experimental method have lead to its applications into the field of real estate. Experimental method utilize experiments and demonstrations to simulate real estate processes to examine various theories and hypotheses. The design of an experimental method involves: 1. Determine the learning outcome, 2. Design the experiment, 3. Implementation, 4. Statistical test and results. The main part of the study took place during three class days with the students divided into two groups. The Expeimental (EXP) Group is subject to observing a demonstration whereas the Control Group (CON) attend the normal lectures. The test scores are analysed using mean score of EXP and CON groups and mean difference analysis using ANOVA analysis. The ANOVA shows significant differences between the two groups of students in understanding valuation smoothing. The group that has undergone experiments is found to have a higher score in the test and shows better understanding towards the smoothing processes. Significant statistical difference in mean test values implies the success of the application. The experimental method is found to improve understanding theoretical principles and improve problem solving skills. Upon successful validation of the method, it can be applied to other similar topics/issues in the same subject or other subjects. Thus widening the teaching delivery options in the classroom other than lectures, tutorials, case studies etc.
format Article
author Ting, Kien Hwa
Abdul Majid, Rohayu
Mustafar, Suriyana
author_facet Ting, Kien Hwa
Abdul Majid, Rohayu
Mustafar, Suriyana
author_sort Ting, Kien Hwa
title Using experiment to help understanding valuation issues / Ting Kien Hwa, Rohayu Abdul Majid and Suriyana Mustafar
title_short Using experiment to help understanding valuation issues / Ting Kien Hwa, Rohayu Abdul Majid and Suriyana Mustafar
title_full Using experiment to help understanding valuation issues / Ting Kien Hwa, Rohayu Abdul Majid and Suriyana Mustafar
title_fullStr Using experiment to help understanding valuation issues / Ting Kien Hwa, Rohayu Abdul Majid and Suriyana Mustafar
title_full_unstemmed Using experiment to help understanding valuation issues / Ting Kien Hwa, Rohayu Abdul Majid and Suriyana Mustafar
title_sort using experiment to help understanding valuation issues / ting kien hwa, rohayu abdul majid and suriyana mustafar
publisher UiTM Press
publishDate 2020
url https://ir.uitm.edu.my/id/eprint/81085/1/81085.pdf
https://ir.uitm.edu.my/id/eprint/81085/
https://journalined.uitm.edu.my/
_version_ 1772815610680442880
score 13.211869

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