True/False
SCENARIO 12-12
The manager of the purchasing department of a large saving and loan organization would like to develop a model to predict the amount of time (measured in hours) it takes to record a loan
application.Data are collected from a sample of 30 days, and the number of applications recorded and completion time in hours is recorded.Below is the regression output: 12-46 Simple Linear Regression Simple Linear Regression 12-47
-Referring to Scenario 12-12, there is no evidence of positive autocorrelation if the Durbin-Watson test statistic is found to be 1.78.
Correct Answer:

Verified
Correct Answer:
Verified
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