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Andrew and Margaret Wilson erected a fence in what they thought was the yard of their Durham, North Carolina home in 1957. In doing so, they inadvertently enclosed a small triangular piece, no bigger than fifteen feet at its widest, of the adjoining landowner's property. In 1980, Carl Pearce and his wife Wanda bought the property adjacent to that of the Wilsons, and claimed the triangular shaped property belonged to them. A dispute arose as to who owned the property under state law, and a lawsuit ensued. What court(s) would have jurisdiction over the lawsuit?
Positive Autocorrelation
A statistical property of a series indicating that values close together in time are positively correlated and tend to move in the same direction.
Durbin-Watson Statistic
A statistical measure employed to identify autocorrelation within the residuals of a regression analysis.
Independence of Errors
An assumption in statistical models indicating that the error terms are not correlated with each other.
Durbin-Watson Test
A statistical test used to detect the presence of autocorrelation in the residuals from a regression analysis.
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