×
Log in to StudySoup
Get Full Access to Statistics For Business And Economics - 12 Edition - Chapter 8 - Problem 12e
Join StudySoup for FREE
Get Full Access to Statistics For Business And Economics - 12 Edition - Chapter 8 - Problem 12e

Already have an account? Login here
×
Reset your password

Lobster trap placement. Refer to the Bulletin of | Ch 8 - 12E

Statistics for Business and Economics | 12th Edition | ISBN: 9780321826237 | Authors: James T. McClave, P. George Benson, Terry T Sincich ISBN: 9780321826237 51

Solution for problem 12E Chapter 8

Statistics for Business and Economics | 12th Edition

  • Textbook Solutions
  • 2901 Step-by-step solutions solved by professors and subject experts
  • Get 24/7 help from StudySoup virtual teaching assistants
Statistics for Business and Economics | 12th Edition | ISBN: 9780321826237 | Authors: James T. McClave, P. George Benson, Terry T Sincich

Statistics for Business and Economics | 12th Edition

4 5 1 240 Reviews
25
0
Problem 12E

Lobster trap placement. Refer to the Bulletin of Marine Science (April 2010) study of lobster trap placement, Exercise. Recall that the variable of interest was the average distance separating traps—called trap spacing—deployed by teams of fishermen fishing for the red spiny lobster in Baja California Sur, Mexico. The trap spacing measurements (in meters) for a sample of 7 teams from the Bahia Tortugas (BT) fishing cooperative are repeated in the table. In addition, trap spacing measurements for 8 teams from the Punta Abreojos (PA) fishing cooperative are listed. (All these data are saved in the TRAPSPACE file). For this problem, we are interested in comparing the mean trap spacing measurements of the two fishing cooperatives.

Based on Shester, G. G. “Explaining catch variation among Baja California lobster fishers through spatial analysis of trap-placement decisions.” Bulletin of Marine Science, Vol. 86, No. 2, April 2010 ( Table ), pp. 479–498.

a. Identify the target parameter for this study.

b. Compute a point estimate of the target parameter.

c. What is the problem with using the normal ( z ) statistic to find a confidence interval for the target parameter? d. Find a 90% confidence interval for the target parameter.

e. Use the interval, part d, to make a statement about the difference in mean trap spacing measurements of the two fishing cooperatives.

f. What conditions must be satisfied for the inference, part e, to be valid?

Step-by-Step Solution:

Solution:

Step 1 of 4:

The trap spacing measurements for a sample of 7 teams from the Bahia Tortugas (BT) fishing cooperative are given in the table.

BT cooperative

93

99

105

94

82

70

86

PA cooperative

118

94

106

72

90

66

153

98

The trap spacing measurements for 8 teams from the Punta Abreojos (PA) fishing cooperative are listed.

We have to compare the mean trap spacing measurements of two fishing cooperatives.

We have to,

  (a) Identify the target parameter for this study.

  (b)Compute a point estimate of the target parameter.

 (c) Find what is the problem with using the normal(Z) statistic to find a confidence interval for the target parameter.

   

 (d) Find a 90% confidence interval for the target parameter.

 (e) make a statement about the difference in mean trap spacing measurements of the two fishing

Cooperatives.

   (f) Find the conditions must be satisfied for the inference in part to be valid.


Step 3  of 4:

(a)

The target parameter is, difference in mean trap measurements between the Bahia Tortugas fishing cooperative and the Punta Abreojos fishing cooperative.

(b)

By using the minitab we will get the descriptive statistics for Bahia Tortugas fishing cooperative and the Punta Abreojos fishing cooperative as:

             P13.PNG

From the descriptive statistics, the point estimate of the target parameter  ,

 

                                                -    =  89.86-99.63

                                                              = - 9.77

Therefore the point estimate of the target parameter,  is -9.77.

(c)

Since the sample sizes for both samples are so small( n<30), the Central Limit Theorem does not apply.

In addition, here the population standard deviation are unknown so we have to use sample standard deviation.

Since the both conditions are necessary to use a Z- statistic for testing, we cannot use Z-statistic to find a confidence interval for the target parameter.


Step 3 of 4:

(d)

We have to find the 90% confidence interval for ().

The 100(1-)% confidence interval for () is,

                                                 ( ( -  )  ).

                                                         = 

                                                             =  

                                                             =

                                                             =  466.0569

For the confidence coefficient, 0.90.

                                       

                                                     = 0.05

Here df=

             = 7+8-2

             = 13

From the t-distribution table with degrees of freedom 13,

                                                    = 1.771

   90% CI  for ().

                                              ( 89.86-99.631.771)

                                                              ( -9.7719.787)

 

                                                              ( -29.557, 10.017)

Step 2 of 3

Chapter 8, Problem 12E is Solved
Step 3 of 3

Textbook: Statistics for Business and Economics
Edition: 12
Author: James T. McClave, P. George Benson, Terry T Sincich
ISBN: 9780321826237

The full step-by-step solution to problem: 12E from chapter: 8 was answered by , our top Business solution expert on 07/21/17, 05:42AM. Statistics for Business and Economics was written by and is associated to the ISBN: 9780321826237. The answer to “?Lobster trap placement. Refer to the Bulletin of Marine Science (April 2010) study of lobster trap placement, Exercise. Recall that the variable of interest was the average distance separating traps—called trap spacing—deployed by teams of fishermen fishing for the red spiny lobster in Baja California Sur, Mexico. The trap spacing measurements (in meters) for a sample of 7 teams from the Bahia Tortugas (BT) fishing cooperative are repeated in the table. In addition, trap spacing measurements for 8 teams from the Punta Abreojos (PA) fishing cooperative are listed. (All these data are saved in the TRAPSPACE file). For this problem, we are interested in comparing the mean trap spacing measurements of the two fishing cooperatives. Based on Shester, G. G. “Explaining catch variation among Baja California lobster fishers through spatial analysis of trap-placement decisions.” Bulletin of Marine Science, Vol. 86, No. 2, April 2010 ( Table ), pp. 479–498.a. Identify the target parameter for this study.b. Compute a point estimate of the target parameter.c. What is the problem with using the normal ( z ) statistic to find a confidence interval for the target parameter? d. Find a 90% confidence interval for the target parameter.e. Use the interval, part d, to make a statement about the difference in mean trap spacing measurements of the two fishing cooperatives.f. What conditions must be satisfied for the inference, part e, to be valid?” is broken down into a number of easy to follow steps, and 230 words. This textbook survival guide was created for the textbook: Statistics for Business and Economics , edition: 12. Since the solution to 12E from 8 chapter was answered, more than 1209 students have viewed the full step-by-step answer. This full solution covers the following key subjects: TRAP, fishing, spacing, parameter, measurements. This expansive textbook survival guide covers 15 chapters, and 1631 solutions.

Other solutions

People also purchased

Related chapters

Unlock Textbook Solution

Enter your email below to unlock your verified solution to:

Lobster trap placement. Refer to the Bulletin of | Ch 8 - 12E