Substantial autocorrelation within data can be corrected for with myriad techniques,such as transformations and dummy variables.It should therefore not call into question the regression model itself.

Name: Substantial autocorrelation within data can be corrected for with myriad techniques,such as transformations and dummy variables.It should therefore not call into question the regression model itself.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Autocorrelation is a very serious problem that can indicate that the model is simply wrong.

Substantial Autocorrelation Within Data Can Be Corrected for with Myriad