Explain relationship between consecutive values of variable


You are using the Durbin-Watson statistic to discover whether the value of your dependent variable at time t is related to its value at the previous time period. The results of your test report a positive autocorrelation with a value near zero. Based on this test, can you conclude that there is a relationship between consecutive values of your variable? Defend your answer.

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: Explain relationship between consecutive values of variable
Reference No:- TGS098116

Expected delivery within 24 Hours