Question: The data shown here, from the OECD, show the inflows and outflows of foreign direct investments in Canada over a 1 4 - year period.
The data shown here, from the OECD, show the inflows and outflows of foreign direct investments in Canada over a year period. Use these data to develop a regression model to forecast the foreign inflows by foreign outflows. Conduct a DurbinWatson test on the data and the regression model to determine whether significant autocorrelation is present. Let
tableYeartableInflowsUS$ millionstableOutflowsUS$ millions
Source: Data from OECD, "FDI Flows" indicator doi:feen
Round your answers to decimal places, eg
Round your answers to decimal places, eg
Foreign Inflows
Foreign Outflows
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