Question: Explain the following (a) The Durbin-Watson test. (b) Estimation with quasi-first differences. (c) The Cochrane-Orcutt procedure. (d) Durbin's h-test. (e) Serial correlation due to misspecified

Explain the following

(a) The Durbin-Watson test.

(b) Estimation with quasi-first differences.

(c) The Cochrane-Orcutt procedure.

(d) Durbin's h-test.

(e) Serial correlation due to misspecified dynamics.

(f) Estimation in levels versus first differences.

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