Question

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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