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. (iv)  Determine sample mean of differences  x⎯⎯div  Determine sample mean of differences  x¯d Enter in decimal form to nearest ten-thousandth.  Examples of correctly entered answers:  0.0001  0.0020  0.3000 11.2485  (v)  Determine sample standard deviation of differences sd  Enter in decimal form to nearest ten-thousandth.  Examples of correctly entered answers:  0.0001      0.0020     0.0500      0.3000   0.5115    (vi)  Calculate and enter test statistic Enter value in decimal form rounded to nearest ten-thousandth, with appropriate sign (no spaces).  Examples of correctly entered answers: –2.0104      –0.3070        +1.6000        +11.0019

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter7: Distance And Approximation
Section7.3: Least Squares Approximation
Problem 31EQ
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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.

(iv)  Determine sample mean of differences  x⎯⎯div  Determine sample mean of differences  x¯d

Enter in decimal form to nearest ten-thousandth.  Examples of correctly entered answers: 

0.0001 

0.0020 

0.3000

11.2485

 (v)  Determine sample standard deviation of differences sd 

Enter in decimal form to nearest ten-thousandth.  Examples of correctly entered answers: 

0.0001      0.0020     0.0500      0.3000   0.5115

 

 (vi)  Calculate and enter test statistic

Enter value in decimal form rounded to nearest ten-thousandth, with appropriate sign (no spaces).  Examples of correctly entered answers:

–2.0104      –0.3070        +1.6000        +11.0019

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