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Author Question: A line chart that is flat shows no fluctuation in the variable being presented. Indicate whether ... (Read 62 times)

casperchen82

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on: Aug 1, 2018
A line chart that is flat shows no fluctuation in the variable being presented.
  Indicate whether the statement is true or false

Question 2

When autocorrelation of the residuals is present, what effect can this have on interval estimation and significance tests regarding the regression model involved?


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mfedorka

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Reply #1 on: Aug 1, 2018
Answer to Question 1

T

Answer to Question 2

When autocorrelation of the residuals is present, the interval estimations will tend to be too narrow, and the respective independent variables will be exaggerated in their significance.


casperchen82

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Reply 2 on: Aug 1, 2018
YES! Correct, THANKS for helping me on my review

bulacsom

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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