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.
(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 α 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.
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