Durbin watson statistic, Advanced Statistics

Assignment Help:

The Null Hypothesis - H0: There is no first order autocorrelation

The Alternative Hypothesis - H1: There is first order autocorrelation

Durbin-Watson statistic = 1.98307

 

2234_Durbin watson statistic.png

The Durban Watson (DW) Statistic shows the existence of auto correlation. In this case the value of DW is 1.98307 which is between dU 1.91110 and the dL value of 1.91912 (1.91110<1.98307<2.191912) this indicates that we do not reject H0 as there is sufficient evidence to suggest that there is no first order autocorrelation as evident from the Durban Watson analysis as well.

See appendix Durban Watson Statistic: (5 Per Cent Significance Points of dL and dU). The n value 1519 is represented in this case as 1500 alongside the k'= 4.

Lack of fit test

Possible curvature in variable totexp  (P-Value = 0.000 )

Possible interaction in variable income  (P-Value = 0.000 )

Overall lack of fit test is significant at P = 0.000


Related Discussions:- Durbin watson statistic

Pasture trials, Pasture trials is the study in which the pastures are subj...

Pasture trials is the study in which the pastures are subjected to number of treatments (types of forage, animal management systems, agronomic treatments, and many more)The grazin

Explain literature controls, Literature controls : The patients with the di...

Literature controls : The patients with the disease of interest who have received, in the past, one of two treatments under the investigation, and for whom the results have been pu

Statistics, cholscores Treatment income ($000) Patient ID low Income? ...

cholscores Treatment income ($000) Patient ID low Income? 0.6 Old 21.3 2 Yes 0.17 Old 27.2 13 Yes 0.69 New 27.1 16 Yes 1.09 Old 94.8

Non-randomized clinical trial, Non-randomized clinical trial is the clinic...

Non-randomized clinical trial is the clinical trial in which the series of consecutive patients receive a new treatment and those which respond (according to some of the pre-defin

Exponential order statistics model, The model which arises in the context o...

The model which arises in the context of estimating the size of the closed population where individuals within the population could be identified only during some of the observatio

Scatter plots, The scatter plot of SRES1 versus totexp demonstrates that th...

The scatter plot of SRES1 versus totexp demonstrates that there is non-linear relationship that exists as most of the points are below and above zero. The scatter plot show that th

Determine allowable setup cost, A metal fabrication process uses a die-cast...

A metal fabrication process uses a die-cast metal fastener at a uniform rate of 300 units per year. Currently, this item is currently purchased from an external supplier at a unit

Mosaic displays, Mosaic displays  is the graphical display of the standardi...

Mosaic displays  is the graphical display of the standardized residuals from the fitting a log-linear model to a contingency table in which the colour and outline of the mosaic's '

Classification matrix, Classification matrix: A term many times used in di...

Classification matrix: A term many times used in discriminant analysis for the matrix summarizing the results and outputs obtained from the derived classi?cation rule, and obtaine

Mcnemar''s test, McNemar's test  is the test for comparing proportions in d...

McNemar's test  is the test for comparing proportions in data involving the paired samples. The test statistic can be given by   it is most useful when the data have a symmetri

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd