Business Statistics

Chapter 16 | Time Series and Index Numbers 613

Solution In Chapter 14, we discussed the procedure of using Minitab and SPSS for

computing the Durbin–Watson statistic in order to measure autocorrelation.

Figures 16.53 and 16.54 are the Minitab and SPSS outputs (partial), respectively

for Example 16.8.

FigUre 16.54

SPSS output (partial) for

Example 16.8

FigUre 16.53

Minitab output (partial) for

Example 16.8

From Figures 16.53 and 16.54, it is clear that the Durbin–Watson statistic is

calculated as 0.151. From the Durbin–Watson statistic table, for the given level

of significance (0.05); sample size (24) and number of independent variables ...