Consider the Following to Answer the Question(s) Below

question 14

Multiple Choice

Consider the following to answer the question(s) below:
The average monthly residential mortgage lending rate in Canada is available monthly beginning in 1951. A scatterplot of the residuals against time for 747 months from January 1951 to March 2013 is shown below. The rate peaked in September of 1981 at 21.46%. The Durbin-Watson statistic has a value of 0.01.
-What conclusion about autocorrelation in the model can we draw using the value of the Durbin-Watson statistic and the critical limits, dL=1.87736 and dU=1.88270?

• A) There is evidence of positive autocorrelation.
• B) There is evidence of negative autocorrelation.
• C) There is no evidence of positive autocorrelation.
• D) There is no evidence of negative autocorrelation.
• E) The test is inconclusive.

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Definitions:

Unconscious Conflict

A term used in psychoanalysis to describe a struggle or clash between opposing wishes or desires that exist outside of conscious awareness.

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A comprehensive term for the condition of an individual or group, encompassing physical, mental, and emotional health and happiness.

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Societies that prioritize the needs and goals of the individual over the group.

Psychological Triad

The combination of thoughts, feelings, and behaviors that make up an individual's psychological traits.