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

Question 53

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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 α\alpha = 0.05,the appropriate decision is: _________.


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

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