The Durbin-Watson statistic indicates
A) that there is evidence of positive autocorrelation.
B) that there is evidence of negative autocorrelation.
C) that there is no evidence of positive autocorrelation.
D) that there is no evidence of negative autocorrelation.
E) Since the Durbin-Watson statistic falls between the critical values, the test is inconclusive.

Question

Quizplus · Accepted Answer

The Durbin-Watson statistic tests for autocorrelation in a time series. A value of 2 indicates no autocorrelation, a value less than 2 indicates positive autocorrelation, and a value greater than 2 indicates negative autocorrelation.

The Durbin-Watson Statistic Indicates