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Jim Royo,manager of Billings Building Supply (BBS),wants to Develop a Model

question 34

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Jim Royo,manager of Billings Building Supply (BBS) ,wants to develop a model to forecast BBS's monthly sales (in $1,000's) .He selects the dollar value of residential building permits (in $10,000) as the predictor variable.An analysis of the data yielded the following tables: $Jim Royo,manager of Billings Building Supply (BBS) ,wants to develop a model to forecast BBS's monthly sales (in $1,000's) .He selects the dollar value of residential building permits (in $10,000) as the predictor variable.An analysis of the data yielded the following tables: Jim's calculated value for the Durbin-Watson statistic is 1.14.Using \alpha = 0.05,the appropriate decision is: ___. A) do not reject H0: \rho = 0 B) reject H0: \rho = 0 C) do not reject H0: \rho\neq 0 D) the test is inconclusive E) reject H0: \rho ≠ 0$ $Jim Royo,manager of Billings Building Supply (BBS) ,wants to develop a model to forecast BBS's monthly sales (in $1,000's) .He selects the dollar value of residential building permits (in $10,000) as the predictor variable.An analysis of the data yielded the following tables: Jim's calculated value for the Durbin-Watson statistic is 1.14.Using \alpha = 0.05,the appropriate decision is: ___. A) do not reject H0: \rho = 0 B) reject H0: \rho = 0 C) do not reject H0: \rho\neq 0 D) the test is inconclusive E) reject H0: \rho ≠ 0$
Jim's calculated value for the Durbin-Watson statistic is 1.14.Using $\alpha$ = 0.05,the appropriate decision is: ___.

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