Jim Royo,manager of Billings Building Supply (BBS),wants to develop a model to forecast BBS's monthly sales (in $1,000's).He selects the dollar value of residential building permits (in $10,000)as the predictor variable.An analysis of the data yielded the following tables.
Using $\alpha$ = 0.05 the critical value of the Durbin-Watson statistic,dL,is _________.
A)1.24
B)1.22
C)1.13
D)1.15
E)1.85

Question

Jim Royo,manager of Billings Building Supply (BBS),wants to develop a model to forecast BBS's monthly sales (in $1,000's).He selects the dollar value of residential building permits (in $10,000)as the predictor variable.An analysis of the data yielded the following tables.   
Using $\alpha$ = 0.05 the critical value of the Durbin-Watson statistic,dL,is _________.
A)1.24 
B)1.22 
C)1.13 
D)1.15 
E)1.85

Quizplus · Accepted Answer

The Answer of Jim Royo,manager of Billings Building Supply (BBS),wants to develop a model to forecast BBS's monthly sales (in $1,000's).He selects the dollar value of residential building permits (in $10,000)as the predictor variable.An analysis of the data yielded the following tables.   
Using $\alpha$ = 0.05 the critical value of the Durbin-Watson statistic,dL,is _________.
A)1.24 
B)1.22 
C)1.13 
D)1.15 
E)1.85

Jim Royo,manager of Billings Building Supply (BBS),wants to Develop a Model