The Federal Deposit Insurance Corporation (FDIC) releases data on bank failures. Following are data on the number
Question:
The Federal Deposit Insurance Corporation (FDIC) releases data on bank failures. Following are data on the number of U.S. bank failures in a given year and the total amount of bank deposits (in $ millions) involved in such failures for a given year. Use these data to develop a simple regression forecasting model that attempts to predict the failed bank assets involved in bank closings by the number of bank failures. Compute a Durbin-Watson statistic for this regression model and determine whether significant autocorrelation is present.
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CorporationA Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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The regression equation is Failed Bank Assets 1379 13668 Number of Failures for x 150 21881 million ...View the full answer
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Related Book For 
Business Statistics for Contemporary Decision Making
ISBN: 978-0470910184
6th Edition
Authors: Ken Black
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