The Durbin-Watson statistic is based on the ________.
A)differences between successive residuals in a time series
B)differences between successive sales in a time series
C)differences between typical sales indexes
D)differences in time periods

Question

Quizplus · Accepted Answer

The Durbin-Watson statistic measures the autocorrelation of the residuals in a time series model. It is calculated based on the differences between successive residuals in the series.

The Durbin-Watson Statistic Is Based on the ________