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The State Fisheries Department Wishes to Stock the Styx River $\bar{x}$

question 14

Essay

The State Fisheries Department wishes to stock the Styx River with fish, and would like thespecies to not only survive but thrive. The "substrate" (pebble size at bottom) of a river is animportant determinant of the quality of spawning habitat. Unknown to the Fisheriesofficials, the pebble diameters in the Sty x River are approximately normally distributed witha mean of 24 mm, and a standard deviation of 8 mm. Fisheries officials will select a randomsample of pebbles in an attempt to estimate the average pebble size.
a) On the scale below, sketch two curves, one representing the distribution of the originalpopulation and the other the sampling distribution of $\bar{x}$ for a sample of size n =16 . Besure to indicate which curve is which. What are the mean and standard deviation of thesampling distribution of $\bar{x}$ ?
$The State Fisheries Department wishes to stock the Styx River with fish, and would like thespecies to not only survive but thrive. The substrate (pebble size at bottom) of a river is animportant determinant of the quality of spawning habitat. Unknown to the Fisheriesofficials, the pebble diameters in the Sty x River are approximately normally distributed witha mean of 24 mm, and a standard deviation of 8 mm. Fisheries officials will select a randomsample of pebbles in an attempt to estimate the average pebble size. a) On the scale below, sketch two curves, one representing the distribution of the originalpopulation and the other the sampling distribution of \bar{x} for a sample of size n =16 . Besure to indicate which curve is which. What are the mean and standard deviation of thesampling distribution of \bar{x} ? b) What is the approximate probability that a sample of n = 16 from this population wouldresult in a sample mean greater than 30 mm? The graph below is a relative frequency histogram of the lengths of the gentle Hecate fish in theStyx River, as recorded during a large fish tagging survey. You can assume that this histogramrepresents the population of fish lengths.Relative Frequency c) Suppose you were to take a random sample, n = 4, from this population of fish andmeasure their lengths. Describe the shape, center, and spread of the samplingdistribution of \bar{x} , as compared to the population distribution.$
b) What is the approximate probability that a sample of n = 16 from this population wouldresult in a sample mean greater than 30 mm?
The graph below is a relative frequency histogram of the lengths of the gentle Hecate fish in theStyx River, as recorded during a large fish tagging survey. You can assume that this histogramrepresents the population of fish lengths.Relative Frequency $The State Fisheries Department wishes to stock the Styx River with fish, and would like thespecies to not only survive but thrive. The substrate (pebble size at bottom) of a river is animportant determinant of the quality of spawning habitat. Unknown to the Fisheriesofficials, the pebble diameters in the Sty x River are approximately normally distributed witha mean of 24 mm, and a standard deviation of 8 mm. Fisheries officials will select a randomsample of pebbles in an attempt to estimate the average pebble size. a) On the scale below, sketch two curves, one representing the distribution of the originalpopulation and the other the sampling distribution of \bar{x} for a sample of size n =16 . Besure to indicate which curve is which. What are the mean and standard deviation of thesampling distribution of \bar{x} ? b) What is the approximate probability that a sample of n = 16 from this population wouldresult in a sample mean greater than 30 mm? The graph below is a relative frequency histogram of the lengths of the gentle Hecate fish in theStyx River, as recorded during a large fish tagging survey. You can assume that this histogramrepresents the population of fish lengths.Relative Frequency c) Suppose you were to take a random sample, n = 4, from this population of fish andmeasure their lengths. Describe the shape, center, and spread of the samplingdistribution of \bar{x} , as compared to the population distribution.$
c) Suppose you were to take a random sample, n = 4, from this population of fish andmeasure their lengths. Describe the shape, center, and spread of the samplingdistribution of $\bar{x}$ , as compared to the population distribution.

Definitions:

Average Rate of Return

A financial ratio used to measure the profitability of an investment, calculated as the average annual profit divided by the initial investment cost.

Cash Payback Period

The time period required for the cash inflows from a capital investment project to cover the initial cash outlay.

Net Cash Inflow

The surplus of cash revenues over cash expenses in a given period, indicating the liquidity added to an entity.

Useful Life

The estimated duration for which an asset is expected to be functional and economically feasible for its intended purpose.

The State Fisheries Department Wishes to Stock the Styx River xˉ\bar{x}xˉ

Definitions:

The State Fisheries Department Wishes to Stock the Styx River $\bar{x}$