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Let X1 , . .. . Xn N (H, 62), let Fn (1) = = n 1=1 denote their empirical distribution, and let @,2 denote the cdf of the distribution N (1, 62). Recall that in the Kolmogorov-Smirnov test, we considered the test statistic T, = Vn sup |F, (1) - @,.621 ER In the Kolmogorov-Lilliefors test, we consider the test statistic Tn = Vnsup |F, (1) - Qua IER It is true or false that T, and T' , have the same distribution for for all n E N? (Refer to the slides.) O True FalseExercise 1-20 Static 10 A professor records the majors of her 30 students as follows: 2.5 Accounting Economics Undecided Finance Management points Management Finance Marketing Economica Management Marketing Finance Marketing Accounting Finance Finance Undecided Management Undecided Economica Economics Accounting Management Undecided Economics Accounting Economics Management Accounting Economics PBook Click here for the Excel Data File a. What is the measurement scale of these data? References O Interval O Ordinal O Nominal O Ratio b. Summarize the results in tabular form. Major Number of students Accounting Economics Finance MarketingQUESTION 8 Porter's Five Forces model is based on: O industrial organization economics. labor and demographic economics. business administration and business economics. environmental and ecological economics.A simple random sample of 49 Economics majors reported the number of hours that they spend per week studying economics (including lectures, sections, office hours and working on homework). The sample mean was 23 hours/week and the sample standard deviation was 7 hours/week. Assuming that the number of hours/week that economics majors spend studying economics has an approximately normal distribution. .. a. (2 pts) Estimate the proportion of economics majors that spend less than 30 hours per week studying economics. Explain your reasoning, briefly. b. (4 pts) Construct a 95%-confidence interval for the mean number of economics- studying hours/week for all economics majors.Welfare economics Economics with a heart. The study of how different forms of economic activity and different methods of allocating scarce resources affect the well being of different individuals or countries. WELFARE economics focuses on questions about EQUITY as well as EFFICIENCY