Multiple Choice
Serial correlation occurs when:
A) independent variables are correlated across observations.
B) dependent variables are correlated across observations.
C) error terms are correlated across observations.
D) R-squared is near 1 and the t-statistics are near 0.
E) R-squared is near 0 and the t-statistics are near 1.
Correct Answer:
Verified
Correct Answer:
Verified
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