Examlex
It is possible to conduct a statistical test for autocorrelation using the Durbin-Watson test and not be able to make a definitive conclusion about whether there is autocorrelation or not based on the data.
Mean
The average of a set of numbers, calculated by dividing the sum of all the numbers by the quantity of numbers.
Standard Deviation
A statistical measure that quantifies the variability or dispersion of a dataset relative to its mean; used to gauge the amount of variation or spread in a set of data points.
Percentile
A measure indicating the value below which a given percentage of observations in a group of observations falls.
Normal Random Variable
A variable whose values are distributed according to a normal distribution.
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