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Business Applications of Multiple Regression
book

Business Applications of Multiple Regression

by Ronny Richardson
August 2011
Beginner to intermediate
202 pages
5h 45m
English
Business Expert Press
Content preview from Business Applications of Multiple Regression
MODEL BUILDING 171
autocorrelation and a value of four indicates negative autocorrelation.
When a table is not available, a rule of thumb is that values of d between
1.5 and 2.5 indicates no autocorrelation. The Durbin- Watson test statis-
tic d is defined with the following equation:
Durbin- Watson Test Statistics
A couple of notes are in order regarding this formula. First, notice
that although we are testing for the significance of a correlation, nei-
ther a sample (r) or assumed population (ρ) correlation coefficient is
used in the calculations. Second, note that the top of the formula is
summed from “i = 2 to n” whereas the bottom i ...
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Publisher Resources

ISBN: 9781606492314