Counting fish

I need a figure for the fish population in a lake. How does it help to catch and mark 40 fish?

Problem

 

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I need a figure for the fish population in a lake.

I catch 40 fish and mark a scale on each fish so that they can be identified if caught again.

The fish are then released and one week later I once more catch 40 fish and look to see which of these I caught before.

How does this help me come up with a figure for the fish population in a lake?

What assumptions does this method of estimating the fish population rely on?

How do you think you could improve the accuracy of your estimate?

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This resource is part of the collection Statistics - Maths of Real Life