Recognize the Presence of Autocorrelation in Residuals

Multiple Choice

Recognize the presence of autocorrelation in residuals.
-Quarterly figures for e-commerce retail sales were obtained from the first quarter of
2001 through the fourth quarter of 2007. A regression model was estimated to describe
The trend in e-commerce retail sales over time. The Durbin Watson statistic was
Calculated as 1.727. Using = .01 we can conclude that
Α

A) there is evidence of positive autocorrelation.
B) there is evidence of negative autocorrelation.
C) there is no evidence of positive or negative autocorrelation.
D) there is evidence of an outlier.
E) the test is inconclusive.