Based on 30 Time-Ordered Observations from a Simple Regression,we Have

question 3

Essay

Based on 30 time-ordered observations from a simple regression,we have determined the Durbin-Watson statistic,d = 2.71.At α = .05,test to determine if there is any evidence of negative autocorrelation.State your conclusions.

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Definitions:

Degrees of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution or test without violating any constraints.

Confidence Interval

An estimated range of values calculated from a sample that is likely to cover the true population parameter with a certain level of confidence.

Population Variance

A measure of the dispersion or spread of a set of data points in a population, quantifying how much the members of a population differ from the population mean.

Applicants' Grades

The numerical or letter academic performance indicators provided by educational institutions for students.