Consider the following time series: Period Sales Period Sales Period Sales 1 4 6 10 11 18

Question:

Consider the following time series:

Period Sales Period Sales Period Sales 1 4 6 10 11 18 2 6 7 12 12 12 3 11 8 13 13 15 4 9 9 10 14 16 5 8 10 12 15 16

a. Use PHStat with a = 0.05 to test this time series for positive autocorrelation.

b. Verify your Durbin–Watson statistic using Excel.

AppendixLO1

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Business Statistics

ISBN: 9780133852288

2nd Edition

Authors: Robert A Donnelly, Robert Donnelly Jr

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