What value of Durbin-Watson statistic indicates there is no autocorrelation present in a time ordered data?
A)1
B)-1
C)2
D)-2
E)0

Question

Quizplus · Accepted Answer

The Durbin-Watson statistic ranges from 0 to 4, where a value of 2 indicates no autocorrelation. Therefore, choice C is the correct answer. A value of 0 indicates perfect positive autocorrelation, while a value of 4 indicates perfect negative autocorrelation. Values of 1 and 3 indicate some positive or negative autocorrelation, respectively. Negative values (-1 to -3) indicate the presence of autocorrelation, but also indicate a specific type of autocorrelation known as "negative autocorrelation."

What Value of Durbin-Watson Statistic Indicates There Is No Autocorrelation