Question: The following regression is obtained by ordinary least squares, using 21 observations. (Estimated asymptotic standard errors are shown in parentheses.) y t = 1.3 +

The following regression is obtained by ordinary least squares, using 21 observations. (Estimated asymptotic standard errors are shown in parentheses.)
y_t = 1.3 + 0.97y_t−1 + 2.31x_t, D −W = 1.21.
(0.3) (0.18) (1.04)

Test for the presence of autocorrelation in the disturbances.

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