Jim Royo,manager of Billings Building Supply (BBS),wants to develop a model to forecast BBS's monthly sales (in $1,000's).He selects the dollar value of residential building permits (in $10,000)as the predictor variable.An analysis of the data yielded the following tables. $Jim Royo,manager of Billings Building Supply (BBS),wants to develop a model to forecast BBS's monthly sales (in $1,000's).He selects the dollar value of residential building permits (in $10,000)as the predictor variable.An analysis of the data yielded the following tables. Jim's calculated value for the Durbin-Watson statistic is 1.14. Using \alpha = 0.05,the appropriate decision is: _________. A) do not reject H0: \rho = 0 B) reject H0: \rho = 0 C) do not reject H0: \rho \neq 0 D) the test is inconclusive E) reject H0: \rho ≠ 0$ $Jim Royo,manager of Billings Building Supply (BBS),wants to develop a model to forecast BBS's monthly sales (in $1,000's).He selects the dollar value of residential building permits (in $10,000)as the predictor variable.An analysis of the data yielded the following tables. Jim's calculated value for the Durbin-Watson statistic is 1.14. Using \alpha = 0.05,the appropriate decision is: _________. A) do not reject H0: \rho = 0 B) reject H0: \rho = 0 C) do not reject H0: \rho \neq 0 D) the test is inconclusive E) reject H0: \rho ≠ 0$
Jim's calculated value for the Durbin-Watson statistic is 1.14. Using

\alpha

= 0.05,the appropriate decision is: _________.
A) do not reject H₀:

\rho

= 0
B) reject H₀:

\rho

= 0
C) do not reject H₀:

\rho

\neq

0
D) the test is inconclusive
E) reject H₀:

\rho

≠ 0

Suppose That for a Time-Series Model,you Compute a Durbin-Watson Statistic

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