The Application of Multiple Regression Analysis to a Time-Series Data

Multiple Choice

The application of multiple regression analysis to a time-series data set yields a calculated Durbin-Watson statistic that is equal to 1.00. If the lower test value at the 1 percent level is 1.28 and the upper value is 1.51, then

A) there is no evidence of a problem.
B) there is some evidence of a problem, but it is not significant.
C) there is evidence of a significant problem.
D) there is not sufficient information to determine whether or not there is a problem.