Question: Using 1,000 observations you run a simple regression and realize you need to correct for first order serial correlation. Running a Cochrane-Orcutt correction your GLS
Using 1,000 observations you run a simple regression and realize you need to correct for first order serial correlation. Running a Cochrane-Orcutt correction your GLS regression output has a p value (lagged slope) of 0.013 whose standard error (SE) is 0.025. The Durbin Watson ratio for this GLS is 1.85.
Using this GLS output, what is the value of the Durbin h test?
Type in your answer as a decimal, rounded it off to 4 decimal places.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
