Examlex
It is estimated that 3% of the athletes competing in a large tournament are users of an illegal drug to enhance performance.The test for this drug is 90% accurate.What is the probability that an athlete who tests positive is actually a user?
First-Order Autocorrelation
The correlation between values in a time series and the values immediately preceding them.
Durbin-Watson Statistic
A measure used to detect the presence of autocorrelation in the residuals from a regression analysis.
Hypotheses Testing
A method in statistics that applies data from a subset to assess assumptions about a broader population's characteristic.
Durbin-Watson Test
A statistical procedure aimed at discovering the presence of autocorrelation at the first lag within the residuals of a regression analysis.
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