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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Related Book For
Business Statistics
ISBN: 9780321716095
2nd Edition
Authors: Norean D. Sharpe, Paul F. Velleman, David Bock, Norean Radke Sharpe
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