(a) Define autocorrelation. State which assumptions of the regression model are violated when autocorrelation exists. (b) What...

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(a) Define autocorrelation. State which assumptions of the regression model are violated when autocorrelation exists.

(b) What is the difference between positive and negative autocorrelation?

(c) Describe a technique used to detect autocorrelation.

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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