Shown on the following page is the Excel output for a regression analysis to predict the number

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Shown on the following page is the Excel output for a regression analysis to predict the number of business bankruptcy filings over a 16-year period by the number of consumer bankruptcy filings. How strong is the model? Note the residuals.

Compute a Durbin-Watson statistic from the data and discuss the presence of auto correlation in thismodel.

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Business Statistics for Contemporary Decision Making

ISBN: 978-0470910184

6th Edition

Authors: Ken Black

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Question Posted: Mar 19, 2013 05:56 AM

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Shown on the following page is the Excel output for a regression analysis to predict the number

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The model is Bankruptcies 75532436 0016 Year Since R 2 28 and the adjusted R 2 23 this is a weak mod...View the full answer

Business Statistics for Contemporary Decision Making

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