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    Statistics
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    Business Statistics Study Set 1
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    Exam 16: Analyzing and Forecasting Time-Series Data
  5. Question
    The Reason for Testing for the Presence of Autocorrelation in a Regression-Based
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The Reason for Testing for the Presence of Autocorrelation in a Regression-Based

Question 102

Question 102

True/False

The reason for testing for the presence of autocorrelation in a regression-based trend forecasting model is that one assumption of the regression analysis is that the residuals are not correlated.

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