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Jim Royo, Manager of Billings Building Supply (BBS), Wants to Develop

question 61

Multiple Choice

Jim Royo, manager of Billings Building Supply (BBS) , wants to develop a model to forecast BBS's monthly sales (in $1,000's) .He selects the dollar value of residential building permits (in $10,000) as the predictor variable.An analysis of the data yielded the following tables: $Jim Royo, manager of Billings Building Supply (BBS) , wants to develop a model to forecast BBS's monthly sales (in $1,000's) .He selects the dollar value of residential building permits (in $10,000) as the predictor variable.An analysis of the data yielded the following tables: Using \alpha = 0.05 the critical value of the Durbin-Watson statistic, dL, is ___. A) 1.24 B) 1.22 C) 1.13 D) 1.15 E) 1.85$ $Jim Royo, manager of Billings Building Supply (BBS) , wants to develop a model to forecast BBS's monthly sales (in $1,000's) .He selects the dollar value of residential building permits (in $10,000) as the predictor variable.An analysis of the data yielded the following tables: Using \alpha = 0.05 the critical value of the Durbin-Watson statistic, dL, is ___. A) 1.24 B) 1.22 C) 1.13 D) 1.15 E) 1.85$ Using $\alpha$ = 0.05 the critical value of the Durbin-Watson statistic, d_L,is ___.

Definitions:

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A decrease in quantity, quality, or strength; refusal to accept or agree to something, often a proposal or request.

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