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The ______ is a powerful regulatory agency that has assumed jurisdiction over the safety of every consumer product except food,automobiles,and a few other products regulated by other agencies.
First-Order Autocorrelation
A statistical measure of the relationship between a variable's current value and its immediate previous value.
Durbin-Watson Test
A statistical method designed to identify the existence of autocorrelation with a single lag in the residuals resulting from a regression study.
Positive Autocorrelation
A statistical property of a series indicating that values close together in time are positively correlated and tend to move in the same direction.
Durbin-Watson Statistic
A statistical measure employed to identify autocorrelation within the residuals of a regression analysis.
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