Required Tasks:
1. Identify the major issues in the case.
2. Identify an appropriate statistical analysis to perform.
3. Explain why you selected the test you choose in (2).
4. State the appropriate null and alternative hypotheses for the statistical test you identified.
5. Perform the statistical test(s). Be sure to state your conclusion(s).
6. Is there one combination of mix and size progression that is superior to the others?
7. Summarize your analysis and findings in a short report.
John McLaughlin’s father correctly predicted that a combination of declining wild populations of salmon and an increase in demand for fish in general would create a growing market for salmon grown in “fish farms.” Over recent years, an increasing percentage of salmon, trout, and catfish, for example, come from commercial operations. At first, operating a fish farm consisted of finding an appropriate location, installing the pens, putting in smelt, and feed-ing the fish until they grew to the appropriate size. However, as the number of competitors increased, successful operation required taking a more scientific approach to raising fish.