In: Statistics and Probability
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.
(i) Let ?1= mean wholesale prices from west coast fishery. Let ?2 = mean wholesale prices from east coast fishery . Which of the following statements correctly defines the null hypothesis HO?
A. ?1 ? ?2 > 0 (?d> 0)
B. ?1 – ?2= 0 (?d= 0)
C. ?1 – ?2 < 0 (?d< 0)
D. ?1 + ?2= 0
Enter letter corresponding to correct answer
(ii) Let ?1= mean wholesale prices from west coast fishery. Let ?2 = mean wholesale prices from east coast fishery . Which of the following statements correctly defines the alternate hypothesis HA?
A. ?1 ? ?2 > 0 (?d> 0)
B. ?1 – ?2= 0 (?d= 0)
C. ?1 – ?2 < 0 (?d< 0)
D. ?1 + ?2= 0
Enter letter corresponding to correct answer
(iii) Enter the level of significance ? used for this test:
Enter in decimal form. Examples of correctly entered answers: 0.01 0.02 0.05 0.10
(iv) Determine sample mean of differences x¯div Determine sample mean of differences x¯d {"version":"1.1","math":"<math xmlns="http://www.w3.org/1998/Math/MathML"><mstyle mathsize="14px"><mrow><mfenced><mi mathvariant="bold">iv</mi></mfenced><mo mathvariant="bold"> </mo><mo mathvariant="bold"> </mo><mi mathvariant="bold">Determine</mi><mo mathvariant="bold"> </mo><mi mathvariant="bold">sample</mi><mo mathvariant="bold"> </mo><mi mathvariant="bold">mean</mi><mo mathvariant="bold"> </mo><mi mathvariant="bold">of</mi><mo mathvariant="bold"> </mo><mi mathvariant="bold">differences</mi><mo mathvariant="bold"> </mo><mo mathvariant="bold"> </mo><msub><mover><mi mathvariant="bold">x</mi><mo mathvariant="bold">¯</mo></mover><mi mathvariant="bold">d</mi></msub></mrow></mstyle></math>"}
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
(vii) Determine degrees of freedom for the sample of differences dfd:
Enter value in integer form. Examples of correctly entered answers:
2 5 9 23 77
(viii) Using tables, calculator, or spreadsheet: Determine and enter p-value corresponding to test statistic.
Enter value in decimal form rounded to nearest ten-thousandth. Examples of correctly entered answers:
0.0001 0.0021 0.0305 0.6004 0.8143 1.0000
(ix) Comparing p-value and ? value, which is the correct decision to make for this hypothesis test?
A. Reject Ho
B. Fail to reject Ho
C. Accept Ho
D. Accept HA
Enter letter corresponding to correct answer.
(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
Result:
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.
(i) Let ?1= mean wholesale prices from west coast fishery. Let ?2 = mean wholesale prices from east coast fishery . Which of the following statements correctly defines the null hypothesis HO?
B. µ1 – µ 2= 0 (µ d= 0)
Enter letter corresponding to correct answer
(ii) Let ?1= mean wholesale prices from west coast fishery. Let ?2 = mean wholesale prices from east coast fishery . Which of the following statements correctly defines the alternate hypothesis HA?
A. µ µ1 - µ 2 > 0 (µ d> 0)
Enter letter corresponding to correct answer
(iii) Enter the level of significance ? used for this test:
entered answers: 0.05
(iv) Determine sample mean of differences x¯d
-2.4456
(v) Determine sample standard deviation of differences sd
7.3994
(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:
–0.9915
(vii) Determine degrees of freedom for the sample of differences dfd:
Enter value in integer form. Examples of correctly entered answers:
8
(viii) Using tables, calculator, or spreadsheet: Determine and enter p-value corresponding to test statistic.
Enter value in decimal form rounded to nearest ten-thousandth. Examples of correctly entered answers:
0.8248
(ix) Comparing p-value and ? value, which is the correct decision to make for this hypothesis test?
B. Fail to reject Ho
Enter letter corresponding to correct answer.
(x) Select the statement that most correctly interprets the result of this test:
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.
Paired t Test |
|
Data |
|
Hypothesized Mean Difference |
0 |
Level of significance |
0.05 |
Intermediate Calculations |
|
Sample Size |
9 |
DBar |
-2.4456 |
Degrees of Freedom |
8 |
SD |
7.3994 |
Standard Error |
2.4665 |
t Test Statistic |
-0.9915 |
Upper-Tail Test |
|
Upper Critical Value |
1.8595 |
p-Value |
0.8248 |
Do not reject the null hypothesis |