In Problem 13.4 on page 531 concerning pet food sales, the marketing manager used shelf space for

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In Problem 13.4 on page 531 concerning pet food sales, the marketing manager used shelf space for pet food to predict weekly sales.
a. Is it necessary to compute the Durbin-Watson statistic in this case? Explain.
b. Under what circumstances is it necessary to compute the Durbin-Watson statistic before proceeding with the least-squares method of regression analysis?
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Basic Business Statistics Concepts And Applications

ISBN: 9780132168380

12th Edition

Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel

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