Attitune music: the econometrics of jazz

Q4 Business, Management and Accounting CASE Journal Pub Date : 2022-05-12 DOI:10.1108/tcj-10-2020-0152
J. Soon
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Abstract

Theoretical basis This study aims to use a variant from the family of discrete choice models, i.e. the logit model, to analyse the relationship between the Y dependent and X explanatory variables. This model addresses the linear probability model's main drawback by constraining the probabilities of the Y outcome between 0 and 1. The logit model also offers an extra advantage, in that it can provide odd ratio estimations. Research methodology This is a compact case written specifically to teach statistics, econometrics and research method. It has an accompanying data set for the case-users to do hands-on statistical analyses. The data set has been collected from a questionnaire survey from the students enrolled in Attitune, i.e. the music school that the case protagonist founded. Case overview/synopsis The case revolves around a relatively new music school, Attitune Music, established in July 2017 in the heart of the capital city of a northern state in Malaysia. Michael Lee Wei-Pin was the founder of Attitune Music Sdn. Bhd. He was also one of the four music instructors of Attitune Music. His speciality instruments were the guitar and the piano. The case opens with the case protagonist, Michael, pondering over Attitune’s performance in terms of its music students’ enrolment. Attitune faced a major challenge – its student enrolment had remained more or less constant since its establishment. Low and/or constant number of students could ultimately translate into stagnant or even worse, shrinking revenues for Attitune. To attract more students, Michael had been toying with the idea of injecting new elements into Attitune’s music lessons, something different from what other music schools were offering and that could be unique selling points for Attitune. With this in mind, Michael surveyed Attitune’s students to gather information that could help him gauge the potential and feasibility of his idea. Complexity academic level This case is well positioned to be perhaps the pioneer Malaysian teaching case to be written to teach courses in statistics, econometrics and research methods. The case can be easily adapted to teach at either the introductory or at an advanced level.
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阁楼音乐:爵士乐的计量经济学
本研究旨在使用离散选择模型家族的一种变体,即logit模型,来分析Y因变量和X解释变量之间的关系。该模型通过将Y结果的概率限制在0到1之间来解决线性概率模型的主要缺点。logit模型还提供了一个额外的优势,因为它可以提供奇比估计。研究方法:这是一个紧凑的案例,专门用于教授统计学,计量经济学和研究方法。它有一个附带的数据集,供案例用户进行实际的统计分析。数据集来自于对Attitune(即案例主角创办的音乐学校)学生的问卷调查。案例概述/概要该案例围绕着一所相对较新的音乐学校Attitune music展开,该学校于2017年7月在马来西亚北部一个州首府的中心成立。李玮彬是天调音乐有限公司的创始人。有限公司他也是“态度音乐”的四位音乐导师之一。他的专业乐器是吉他和钢琴。案件以案件主角迈克尔开始,他从音乐学生入学的角度思考Attitune的表现。attune面临着一个重大挑战- -它的学生入学人数自成立以来基本保持不变。学生人数的减少和/或不变最终可能导致Attitune的收入停滞不前,甚至更糟。为了吸引更多的学生,迈克尔一直在考虑在Attitune的音乐课程中注入新的元素,一些不同于其他音乐学校提供的东西,这可能是Attitune的独特卖点。考虑到这一点,迈克尔调查了阿蒂顿的学生,以收集信息,帮助他评估他的想法的潜力和可行性。这个案例很可能是马来西亚教学案例的先驱,可以用来教授统计学、计量经济学和研究方法等课程。这个案例可以很容易地适应于入门或高级水平的教学。
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来源期刊
CASE Journal
CASE Journal Business, Management and Accounting-Business, Management and Accounting (all)
CiteScore
0.20
自引率
0.00%
发文量
48
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