Perform a test for the autocorrelation in the residuals of the estimated model with detailed steps: hypothesis,
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Perform a test for the autocorrelation in the residuals of the estimated model with detailed steps: hypothesis, test statistics, decision rule, decision, and conclusion. Eviews outputs of the test must be provided here.
Are the residuals follow a white noise process? Reasons? (Please help me to answer this question, I will upvote right then)
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