Regression Analysls Tutorial

Why should I care about regresslon analysls in an audting course?

Professional standards require auditors to develop expectations which serve as a The output of the regression model represents the mafitor's eypectations, and, if properly constructed, sllown for more sccmste enpectations eoperured to those hased solely oe the auditor's intuition or simple calculatioens. This is important because more precise expectations wre necewary when the anditer places greater reliance con motical procedwer $($AICPA $2012,$ AU$-$C $520.$A$21).$ Additionally, when expectations are more precise, any differences between the