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University of Maryland, University College STAT 200 1)All Fresh Seafood is a wholesale fish company based on the east coast of the U
University of Maryland, University College
STAT 200
1)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). 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.
Table 9.2.5: Wholesale Prices of Fish in Dollars
|
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 |
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