If the Value of the Durbin-Watson Statistic D Is Small

question 90

Short Answer

If the value of the Durbin-Watson statistic d is small (d < 2),this indicates a(n)____________________ (positive/negative)first-order autocorrelation exists.

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Definitions:

Market Price

The current price at which an asset or service can be bought or sold in an open and competitive market.

Gross Profit Percentage

A financial ratio expressing gross profit as a percentage of revenue, indicating the efficiency of production or service delivery.

Net Profit Margin Percentage

This is a financial metric that represents the percentage of revenue that remains as profit after all operating expenses, interest, taxes, and preferred stock dividends have been deducted from a company's total revenue.

Cost of Goods Sold Percentage

A ratio that compares the cost of goods sold to the total sales revenue, indicating the efficiency of production and pricing.