In Reference to the Durbin-Watson Statistic D and the Critical

question 109

Multiple Choice

In reference to the Durbin-Watson statistic d and the critical values d_Land d_υ,which of the following statements is false?

• A)If d < d_L,we conclude that positive first-order autocorrelation exists
• B)If d > d_U,we conclude that there is not enough evidence to show that positive first-order autocorrelation exists
• C)If d > 4 - d_L,we conclude that there is negative autocorrelation.
• D)If d lies in between d_L and d_U,we conclude that there is no evidence of first-order autocorrelation.

---

Definitions:

Cost Estimation Process

The methodological approach to projecting the potential costs associated with a project or production, based on historical data and project specifications.

Dependent Variable

A variable in research or statistical analysis that is expected to change as a result of changes in another variable, known as the independent variable.

Complaints Department

A dedicated sector within a company responsible for handling customer complaints and resolving issues related to products or services.

Relevant Range

The range of activity or volume over which the assumptions about fixed and variable cost behavior are valid.