Question: Given the residuals 4, 5, 6, 7, 2, 6, and 7, with k = 1, does autocorrelation exist at the 5% level? At the 1%
Given the residuals 4, −5, 6, −7, −2, 6, and −7, with k = 1, does autocorrelation exist at the 5% level? At the 1% level?
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To test for autocorrelation in the residuals we can use the DurbinWatson test The DurbinWatson test statistic is denoted by d and it measures the pres... View full answer
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