A fishing boat docks with a large number of fish in its hold. At random,
25 fish are selected for examination, which includes a determination of
juvenile (J = 1) or adult (J = 0) status, and a measurement of weight
(W), in kilograms. Note: the
large above is a cue to ignore the FPC- that, plus the fact that the number of fish in the hold is not known.
Some summary statistics of this sample are below.
Additionally, the total catch was weighed as a whole, and found to be 1250 Kg. Provide answers to the following to two decimal places.
(a) Give a ratio estimate of the number of juvenile fish caught.
(b) Give a standard error for your estimate.
You can earn partial credit on this problem.