Question: You test for serial correlation at the .05 level with 61 residuals from a regression with one independent variable. If the calculated Durbin-Watson statistic is

You test for serial correlation at the .05 level with 61 residuals from a regression with one independent variable. If the calculated Durbin-Watson statistic is equal to 1.6. what is your conclusion?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Forecasting Predictive Analytics Questions!