Jim Royo,manager of Billings Building Supply (BBS) ,wants to develop a model to forecast BBS's monthly sales (in $1,000's) . He selects the dollar value of residential building permits (in $10,000) as the predictor variable. An analysis of the data yielded the following tables.
Using = 0.05 the critical value of the Durbin-Watson statistic,dL, is _________.
A) 1.24
B) 1.22
C) 1.13
D) 1.15
E) 1.85
Correct Answer:
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