Question: The manager of the concert production company considered in earlier

The manager of the concert production company considered in earlier exercises considers the regression of Total Revenue on Ticket Sales (Exercise) and computes the Durbin- Watson statistic, obtaining a value of 0.51.
a) Consult Table D in Appendix B using k = 1 and n = 45 and complete the test at α = 0.05.
b) Specify what this statistic tests and what the test says about these data.

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  • CreatedMay 15, 2015
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