The Durbin-Watson Statistic Is Based on the ________

question 11

Multiple Choice

The Durbin-Watson statistic is based on the ________.

• A)differences between successive residuals in a time series
• B)differences between successive sales in a time series
• C)differences between typical sales indexes
• D)differences in time periods

---

Definitions:

Consequential Damages

Indirect losses or damages that result from a breach of contract, not directly caused by the breach but a consequence of it.

Car Rental

The service of leasing automobiles for short periods of time, often ranging from a few hours to several weeks.

Commute

The regular travel of an individual between their place of residence and workplace or study.

Statute of Limitations

Legislation that establishes a deadline by which legal actions must be commenced following an incident.