A company fits a regression to predict monthly Orders over a period of 48 months. The Durbin-Watson

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A company fits a regression to predict monthly Orders over a period of 48 months. The Durbin-Watson statistic on the residuals is 0.875.

a) At what are the values of and ?

b) Is there evidence of positive autocorrelation? Explain.

c) Is there evidence of negative autocorrelation? Explain.

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Business Statistics

ISBN: 9780321716095

2nd Edition

Authors: Norean D. Sharpe, Paul F. Velleman, David Bock, Norean Radke Sharpe

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