Which of the following statements about the Durbin-Watson d statistic is true?
A) It can assume any value between 0 and 4.
B) It may assume any value between -4 and + 4.
C) It may assume any positive value.
D) It has a maximum value of 2.

Question

Quizplus · Accepted Answer

The Durbin-Watson d statistic is used to detect the presence of autocorrelation in the residuals from a regression analysis. It ranges from 0 to 4, where a value of 2 indicates no autocorrelation, values approaching 0 indicate positive autocorrelation, and values approaching 4 indicate negative autocorrelation.

Which of the Following Statements About the Durbin-Watson D Statistic