All Fresh Seafood is a wholesale fish company based on the east coast of the U.S. Catalina Offshore Products is a wholesale fish company based on the west coast of the U.S. Table #9.2.5 contains prices from both companies for specific fish types ("Seafood online," 2013) ("Buy sushi grade," 2013). Data is in following table: Fish All Fresh Seafood Prices Catalina Offshore Products Prices Cod 19.99 17.99 Tilapi 6.00 13.99 Farmed Salmon 19.99 22.99 Organic Salmon 24.99 24.99 Grouper Fillet 29.99 19.99 Tuna 28.99 31.99 Swordfish 23.99 23.99 Sea Bass 32.99 23.99 Striped Bass 29.99 14.99 Do the data provide enough evidence to show that a west coast fish wholesaler is more expensive than an east coast wholesaler? Test at the 5% level. (x) Select the statement that most correctly interprets the result of this test: A. The result is not statistically significant at .05 level of significance. Sufficient evidence exists to support the claim that west coast fish wholesalers are more expensive than east coast wholesalers. B. The result is not statistically significant at .05 level of significance. There is not enough evidence to support the claim that west coast fish wholesalers are more expensive than east coast wholesalers. C. The result is statistically significant at .05 level of significance. There is not enough evidence to support the claim that west coast fish wholesalers are more expensive than east coast wholesalers. D. The result is statistically significant at .05 level of significance. Sufficient evidence exists to support the claim that west coast fish wholesalers are more expensive than east coast wholesalers. Enter letter corresponding to most correct answer
Q3D
All Fresh Seafood is a wholesale fish company based on the east coast of the U.S. Catalina Offshore Products is a wholesale fish company based on the west coast of the U.S. Table #9.2.5 contains prices from both companies for specific fish types ("Seafood online," 2013) ("Buy sushi grade," 2013). Data is in following table:
|
Fish |
All Fresh Seafood Prices |
Catalina Offshore Products Prices |
|
Cod |
19.99 |
17.99 |
|
Tilapi |
6.00 |
13.99 |
|
Farmed Salmon |
19.99 |
22.99 |
|
Organic Salmon |
24.99 |
24.99 |
|
Grouper Fillet |
29.99 |
19.99 |
|
Tuna |
28.99 |
31.99 |
|
Swordfish |
23.99 |
23.99 |
|
Sea Bass |
32.99 |
23.99 |
|
Striped Bass |
29.99 |
14.99 |
Do the data provide enough evidence to show that a west coast fish wholesaler is more expensive than an east coast wholesaler? Test at the 5% level.
(x) Select the statement that most correctly interprets the result of this test:
A. The result is not statistically significant at .05 level of significance. Sufficient evidence exists to support the claim that west coast fish wholesalers are more expensive than east coast wholesalers.
B. The result is not statistically significant at .05 level of significance. There is not enough evidence to support the claim that west coast fish wholesalers are more expensive than east coast wholesalers.
C. The result is statistically significant at .05 level of significance. There is not enough evidence to support the claim that west coast fish wholesalers are more expensive than east coast wholesalers.
D. The result is statistically significant at .05 level of significance. Sufficient evidence exists to support the claim that west coast fish wholesalers are more expensive than east coast wholesalers.
Enter letter corresponding to most correct answer
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