Phase is how much the cosine wave is offset from the origin. So picture the cosine function and then move it to the right by some amount. That would correspond to a negative phase, where the equation would be
[tex]\theta(t) = A cos(\omega t - dist_{\textrm{right}})[/tex]
if you had a positive phase shift, it would move the cosine function to the left
[tex]\theta(t) = A cos(\omega t + dist_{\textrm{left}})[/tex]
Typically you will find the amplitude and phase from initial conditions, such as the one you have. You know that the velocity at time 0 and displaced to 24 degrees will be 4.8m/s.
I will show you what the initial (initial meaning time is zero) 24 degree displacement would give you
[tex]\theta(0) = 24^o[/tex]
[tex]24^o = Acos(\phi)[/tex]
You have one equation, but two constants to solve for. What other initial condition could you use (hint: angular velocity is the time derivative of the angle)?
Also, make sure you convert the 24º into radians as soon as possible, what I posted should have been in radians even.