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3. Calculate the economic values of abalones. (10 points) The Marine Biologists are also interested in the economic value of the abalones and would like
3. Calculate the economic values of abalones. (10 points) The Marine Biologists are also interested in the economic value of the abalones and would like to investigate several problems. First, they would like to know the values of every single abalone that has been collected. They have provided you with the current market standards used to estimate an abalone's monetary value: Normal Abalone value = [1 1/3 (Length - 0.5) 1/3 (Diameter- 0.4) 1/3 (Height- 0.4)] * Whole_weight * $0.5. a) In addition, If the abalone belongs to Category I, its value will be multiplied by 1.5. b) If the abalone belongs to Category II, its value will be multiplied by 0.8. c) If the abalone does not belong to Category 1 or Category 2, then the abalone belongs to Category 3 which has a normal abalone value. d) The Marine Biologists would like to know the average value for each gender. e) Finally, they would like to know the average value for each water region
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