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Which of the following conditions must be fulfilled for the DurbinWatson test to be valid? (i) The regression includes a constant term (ii) The regressors

Which of the following conditions must be fulfilled for the DurbinWatson test to be valid?

(i) The regression includes a constant term

(ii) The regressors are non-stochastic

(iii) There are no lags of the dependent variable in the regression

(iv) There are no lags of the independent variables in the regression. (10 points)

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