MANAGING INFORMATION AND ACCOUNTING

Managing Information and Accounting

Managing Information and Accounting

Introduction

The study Kidburn Arts Club, in which three aspects are focused that include Kidburn Arts Today Magazine, attendances at the Kidburn Film Club; and attendance and revenue for the Kidburn Film Club. The aspects are analyzed through the use of the statistical analysis which includes frequencies, measures of central tendency, measures of dispersion, correlation, time series and regression analysis. In this context, it is important to know that in statistical terms, it is common to study the relationship between variable. It is often of interest to see if (and how) various characteristics of individuals are linked. Insight into such relationships can lead to greater understanding in various respects.

Part 1: Kidburn Arts Today Magazine

Question 1

subscriber

Frequency

Percent

Valid Percent

Cumulative Percent

Valid

yes

74

61.7

61.7

61.7

no

46

38.3

38.3

100.0

Total

120

100.0

100.0

From the above table, it can be noted that the most of the respondents are the subscribers of the Kidburn Arts Today Magazine. The reason of this statement is that 62% of the total respondents are the subscribers of magazine.

The above graphical representation endorses the above explanation as it is reflected that the percentage of the subscribers of the Kidburn Arts Today Magazine is high that is over 62%.

Question 3

The central tendency of the data that is in this case relates to the Kidburn Arts Club, in particular, Kidburn Arts Today Magazine, an indication of the value of the characteristic in the statistical community, around which are clustered the features of all companies included in this group. Central tendency can be described using measures of central tendency (or measure the average or mean). These measures are commonly used because they are simple to compute. The calculation of these measures allows for a characterization of the level of a phenomenon occurring in the statistical community, with only one or a few numbers. Measures of central tendency, however, have a synthetic character, which affects the exclusion of differences between the characteristics of individual companies included in the statistical data (Brill, 2005, 99-100).

Statistics

theatre tickets

N

Valid

120

Missing

0

Mean

5.1833

Median

6.0000

Mode

.00

Std. Deviation

3.69188

Variance

13.630

Skewness

-.028

Std. Error of Skewness

.221

Percentiles

25

1.2500

50

6.0000

75

7.7500

In view of the above table of statistics, it is reflected that that the most critical values are the standard deviation and mean as they indicates the vital aspects of the data pertaining to theatre tickets. Particularly in relation to the above table that relates to the theatre tickets, it is noted that the mean value is 5.18 which reflects that most of the respondents buy theatre tickets. Moreover, data is collected from total 120 participants. In addition to this, measures of dispersion are also important aspect of the Kidburn Arts Club, in particular, Kidburn Arts Today Magazine data which indicates the determination of variability or dispersion of the data relating to the measured location of the center of the sample. Supposing it to mean, the most important measure of location, it will be relatively that defines the primary measure of dispersion that is variance and standard deviation (O'Brien, 1998, 105-106).

In context of Kidburn Arts Today Magazine, it is important to note that variance is a measure that is obtained by ...