Autocorrelation exists when successive observations over tim

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Reference no: EM13772167

True/False questions:

*The Durbin-Watson (DW) statistic is used to detect first order-serial correlation.

*Positive lag 1 residual autocorrelation is associated with DW values greater than 2.

*Autocorrelation exists when successive observations over time are related to one another.

Reference no: EM13772167

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