THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Suppose we estimate the regression Y t = β 0 + β 1 x 1 t + β 2 x 2 t + β 3 x 3 t + β 4 x 4 t + ε t using 36 months of data.
-From the regression results we calculate a Durbin-Watson test statistic of 1.03.What can we conclude about the possibility of autocorrelation in this model at α = 0.05?

Question

Quizplus · Accepted Answer

The Answer of THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Suppose we estimate the regression Y t = β 0 + β 1 x 1 t + β 2 x 2 t + β 3 x 3 t + β 4 x 4 t + ε t using 36 months of data.
-From the regression results we calculate a Durbin-Watson test statistic of 1.03.What can we conclude about the possibility of autocorrelation in this model at α = 0.05?