Question
Using the following time series data of U.S. new car sales ($ millions), respond to the following items. (The data is sourced from https://www.census.gov/retail/index.html#mrts. Find
Using the following time series data of U.S. new car sales ($ millions), respond to the following items. (The data is sourced from https://www.census.gov/retail/index.html#mrts. Find "Monthly Retail Trade Report," then select "Time Series/Trend Charts" to find the data for U.S. new car sales.).
Year: 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018
$ Sales (Millions): 486565, 549473, 608790, 672550, 735374, 785142, 842120, 877743, 911157, 943538
b.Test for autocorrelation using the 0.05 significance level.(Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.)
Year Sales Predicted Residuals Lagged Residuals, Squared Difference, Squared Residuals
c-1.What is d-test statistic value?(Round your answer to 4 decimal places.)
c-2.What is the result of hypothesis?
c-2.What is the result of hypothesis?
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