The reason for testing for the presence of autocorrelation in a ...

[cabate]

The reason for testing for the presence of autocorrelation in a regression-based trend forecasting model is that one assumption of the regression analysis is that the residuals are not correlated.
 
  Indicate whether the statement is true or false

Question 2

Stepwise selection will always find the best regression model.
 
  Indicate whether the statement is true or false

[juwms]

Answer to Question 1

TRUE

Answer to Question 2

FALSE

[cabate]

Excellent

[CAPTAINAMERICA]

Thanks for the timely response, appreciate it