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

question 42

Short Answer

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

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Definitions:

Department Store

A large retail establishment offering a wide range of products across different categories, typically organized in separate departments.

Basic Economic Questions

Fundamental questions any economy faces regarding what goods and services to produce, how to produce them, and for whom they are produced, based on limited resources and unlimited wants.

Consumers' Role

The influence or part played by consumers in the market, including their decisions on purchasing goods and services.