Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Image below shows the Durbin-Watson stat to detect autocorrelation and Breusch-Godfrey test for impact of covid-19 pandemic on unemployment rate in Malaysia by using reciprocal
Image below shows the Durbin-Watson stat to detect autocorrelation and Breusch-Godfrey test for impact of covid-19 pandemic on unemployment rate in Malaysia by using reciprocal test. Interpret the durbin-watson stat and Breusch-Godfrey test.
F-statistic 29.78956 Durbin-Watson stat 0.989620 Prob(F-statistic) 0.000015 Breusch-Godfrey Serial Correlation LM Test: Null hypothesis: No serial correlation at up to 2 lags F-statistic 5.863764 Prob. F(2,21) 0.0095 Obs*R-squared 8.958458 Prob. Chi-Square(2) 0.0113
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started