Multiple Choice
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.
Using = 0.05 the critical value of the Durbin-Watson statistic,dL,is _________.
A) 1.24
B) 1.22
C) 1.13
D) 1.15
E) 1.85
Correct Answer:

Verified
Correct Answer:
Verified
Q6: Which of the following is not a
Q12: If autocorrelation occurs in regression analysis, then
Q26: Analysis of data for an autoregressive forecasting
Q34: Jim Royo,manager of Billings Building Supply
Q41: The forecast value for August was
Q54: One of the ways to overcome the
Q63: Two popular general categories of smoothing techniques
Q75: The motivation for using an index number
Q82: For large datasets, the mean error (ME)and
Q92: Naïve forecasting models have no useful applications