Which of the following is not a valid criterion for choosing p and q in an ARDL model? A)fewest number of lags that eliminates serial correlation B)statistical significance of coefficient estimates C)minimization of AIC and SC D)maximization of R²

Question

Quizplus · Accepted Answer

R² is not a commonly used criterion for choosing p and q in an ARDL model. The other three criteria (fewest number of lags that eliminates serial correlation, statistical significance of coefficient estimates, and minimization of AIC and SC) are all valid and commonly used.

Which of the Following Is Not a Valid Criterion for Choosing