In a research carried out by Brigham Young University and 186 different universities, the researchers aimed to guage the efficiency of OpenAI’s expertise in accounting exams. Their findings had been not too long ago revealed within the journal Issues in Accounting Education. The outcomes confirmed that the scholars obtained a mean rating of 76.7 per cent, whereas ChatGPT scored 47.4 per cent.
According to the research, ChatGPT scored larger than the coed common in 11.3 per cent of the questions, significantly in accounting data programs (AIS) and auditing. However, the bot struggled with tax, monetary, and managerial assessments, which the researchers counsel could also be on account of its issue with the required mathematical processes.
The AI bot makes use of machine studying to provide pure language textual content and carried out higher on true/false questions (68.7 per cent right) and multiple-choice questions (59.5 per cent), however had decrease accuracy on short-answer questions (starting from 28.7 per cent to 39.1 per cent).
Researchers additional famous that ChatGPT discovered it difficult to reply higher-order questions and typically supplied incorrect solutions with authoritative written explanations or answered the identical query in several methods.
David Wood, a BYU accounting professor, recruited many professors to check ChatGPT’s skills in opposition to college accounting college students. With the assistance of 327 co-authors from 186 establishments in 14 nations, they contributed over 25,000 classroom accounting examination questions.
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The analysis used 2,268 textbook take a look at financial institution questions from undergraduate BYU college students, overlaying varied accounting subjects and query varieties.
FAQs
Q1:Who developed ChatGPT?
OpenAI
Q2:Who is the CEO of OpenAI?
Sam Altman
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Source: economictimes.indiatimes.com