The autocorrelation parameter defined as = cov(t,t1)var(t) = cov(t,t-1)var(t) is used to measure Multiple Choice a. disturbances of independent random variables. b. correlation between

The autocorrelation parameter defined as

ρ = cov(∈t,∈t−1)var(∈t)ρ = cov(∈t,∈t-1)var(∈t)

is used to measure

Multiple Choice

a. disturbances of independent random variables.

b. correlation between regression error terms.

c. the Durbin-Watson statistic.

d. the difference between the forecast and the estimated regression line.