Question: How do i compute a point estimate in this question? Lobster trap placement. An observational study of teams fishing for the red spiny lobster in
How do i compute a point estimate in this question?

Lobster trap placement. An observational study of teams fishing for the red spiny lobster in Baja California Sur, Mexico, was conducted and the results published in Bulletin of Marine Science (Apr. 2010). One of the vari- ables of interest was the average distance separating traps-called trap spacing-deployed by the same team of fishermen. Trap spacing measurements (in meters) for a sample of seven teams of red spiny lobster fishermen are shown in the accompanying table. Of interest is the mean trap spacing for the population of red spiny lobster fisher- men fishing in Baja California Sur, Mexico. 93 99 105 94 82 70 86 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, Apr. 2010 (Table 1), 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 95% confidence interval for the target parameter. e. Give a practical interpretation of the interval, part d. f. What conditions must be satisfied for the interval, part d, to be valid
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