Consider again the conditions of Exercise 7, but suppose now that it is desired to test the following hypotheses: H0: 2 1 = 2 2, H1: 2 1 = 2 2. Suppose also that the statistic V is defined by Eq. (9.7.4), and it is desired to reject H0 if either V c1 or V c2, where the constants c1 and c2 are chosen so that when H0 is true, Pr(V c1) = Pr(V c2) = 0.025. Determine the values of c1 and c2 when m = 16 and n = 10, as in Exercise 7.

1. A key characteristic of a competitive market is that a. government antitrust laws regulate competition. b. producers sell nearly identical products. c. firms minimize total costs. d. firms have price setting power. 2. Because the goods offered for sale in a competitive market are largely the same, a. there will be few sellers in the market. b. there...