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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 53

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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Suppose we estimate the regression Yt = β0 + β1x1t + β2x2t + β3x3t + β4x4t + εt using 36 months of data.
-From the regression results we calculate a Durbin-Watson test statistic of 1.03.What can we conclude about the possibility of autocorrelation in this model at α = 0.05?


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