THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 46

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Suppose that a regression was run with three independent variables and 30 observations.The Durbin-Watson statistic was 0.64.
-Why is it important to consider all the independent variables together in one model,rather than in separate simple linear regression models?

---

Definitions:

Day's Events

The various occurrences, tasks, or activities that take place within the duration of a 24-hour period.

Automatic Processing

The subconscious aspect of cognition that involves non-conscious tasks, such as walking, which do not require active thinking or attention.

Incidental Information

Information that is acquired without deliberate intention or effort, often as a byproduct of another activity.

Mnemonics

Memory aids, especially those techniques that use vivid imagery and organizational devices.