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Test the hypotheses: There is no first-order autocorrelation There is first-order autocorrelation,
given that the Durbin-Watson statistic d = 1.89, n = 28, k = 3 and 0.05.
Crisis
A time of intense difficulty, trouble, or danger, which requires a decision that will be critical for the outcome.
Turning Point
A critical moment or event that leads to a significant change in the course or direction of something.
Prime of Life
A period in adult life when a person is at their peak of physical health, mental stability, and often career achievement, typically seen in mid-adulthood.
Unemployment Effects
The wide-ranging consequences of unemployment on individuals and society, including financial hardship, reduced mental health, and broader economic implications.
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