Jim Royo,manager of Billings Building Supply (BBS),wants to Develop a Model

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.
Jim's calculated value for the Durbin-Watson statistic is 1.93.Using $\alpha$ = 0.05,the appropriate decision is: _________.

A) do not reject H0: $\rho$ = 0
B) reject H0: $\rho$ ≠ 0
C) do not reject: $\rho$ $\neq$ 0
D) the test is inconclusive
E) reject H0: $\rho$ = 0