For a Given Significance Level, If the Calculated Value of the Durbin

question 17

Multiple Choice

For a given significance level, if the calculated value of the Durbin Watson statistic lies between the lower critical value and the upper critical value, _____.

• A)the hypothesis of no serial correlation is accepted
• B)the hypothesis of no serial correlation is rejected
• C)the test is inconclusive
• D)the hypothesis of heteroskedasticity is accepted

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Definitions:

Cross-sectional Data

Data collected from a population or a representative subset at one specific point in time.

Line Chart

A type of chart which displays information as a series of data points connected by straight line segments, often used to visualize trends over time.

Time-series Data

Sequential data points collected or recorded at time-separated intervals.

Horizontal Axis

The x-axis in a chart or graph, which typically represents the independent variable.