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Jim Royo, Manager of Billings Building Supply (BBS), Wants to Develop

Question 42

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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. 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, d<sub>L</sub>,<sub> </sub>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 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, d<sub>L</sub>,<sub> </sub>is _________. A) 1.24 B) 1.22 C) 1.13 D) 1.15 E) 1.85 Using α\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

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