Although popularly used, what are some limitations of the Durbin-Watson d statistic?

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Essentials of Econometrics

ISBN: 978-0073375847

4th edition

Authors: Damodar Gujarati, Dawn Porter

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Question Posted: Apr 12, 2016 07:33 AM

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State three limitations of the Durbin-Watson test.
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Although popularly used, what are some limitations of the Durbin-Watson d statistic?

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On the DurbinWatson d tests assumptions see pa...View the full answer

Essentials of Econometrics

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