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A researcher wants to test the first - order serial correlation in the error term ( ut ) of the following linear regression: yt =

A researcher wants to test the first-order serial correlation in the error term (ut ) of the following linear regression:
yt=\beta 1+\beta 2x 2t+\beta 3 x3t+ut .
This researcher finds that the estimated first-order correlation coefficient is -0.05. Please use the test that we learned in our class to help the researcher test how the error term is serially correlated. What is your conclusion? (The relevant critical values for the test are d =1.05 and d =1.8.)

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