SCENARIO 13-5
The managing partner of an advertising agency believes that his company's sales are related to the
industry sales. He uses Microsoft Excel to analyze the last 4 years of quarterly data with
the following results:
-Referring to Scenario 13-5, the partner wants to test for autocorrelation using the Durbin-Watson
statistic. Using a level of significance of 0.05, the critical values of the test are dL = ________,
and dU = ________.

Question

SCENARIO 13-5
The managing partner of an advertising agency believes that his company's sales are related to the
industry sales. He uses Microsoft Excel to analyze the last 4 years of quarterly data with
the following results: 
-Referring to Scenario 13-5, the partner wants to test for autocorrelation using the Durbin-Watson
statistic. Using a level of significance of 0.05, the critical values of the test are dL = ________,
and dU = ________.

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The Answer of SCENARIO 13-5
The managing partner of an advertising agency believes that his company's sales are related to the
industry sales. He uses Microsoft Excel to analyze the last 4 years of quarterly data with
the following results: 
-Referring to Scenario 13-5, the partner wants to test for autocorrelation using the Durbin-Watson
statistic. Using a level of significance of 0.05, the critical values of the test are dL = ________,
and dU = ________.

SCENARIO 13-5 The Managing Partner of an Advertising Agency Believes That His