THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Suppose that a regression was run with two independent variables and 25 observations.The Durbin-Watson statistic was 2.28.
-Consider a regression model that uses 50 observations.Let e_i denote the residuals from the fitted regression and
_i the in-sample predicted values of the dependent variables.The least squares regression of
on
_i has coefficient of determination 0.028.What can you conclude from this finding?

Question

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Suppose that a regression was run with two independent variables and 25 observations.The Durbin-Watson statistic was 2.28.
-Consider a regression model that uses 50 observations.Let e_i denote the residuals from the fitted regression and

_i the in-sample predicted values of the dependent variables.The least squares regression of

on

_i has coefficient of determination 0.028.What can you conclude from this finding?

Quizplus · Accepted Answer

The Answer of THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: Suppose that a regression was run with two independent variables and 25 observations.The Durbin-Watson statistic was 2.28. -Consider a regression model that uses 50 observations.Let e_i denote the residuals from the fitted regression and _i the in-sample predicted values of the dependent variables.The least squares regression of on _i has coefficient of determination 0.028.What can you conclude from this finding?