This topic contains a solution. Click here to go to the answer

Author Question: A line chart is created by plotting the values of the variable on the vertical axis and the time ... (Read 60 times)

clmills979

  • Hero Member
  • *****
  • Posts: 551
A line chart is created by plotting the values of the variable on the vertical axis and the time periods on the horizontal axis.
  Indicate whether the statement is true or false

Question 2

According to the chapter, regression models based on time series data are especially susceptible to autocorrelation. Why?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

srodz

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

T

Answer to Question 2

a) Key independent (x) variables that have not been included in the model are likely to be related to time. b) Omission of one or more of these independent variables will tend to yield residuals (errors) that are also related to time.




clmills979

  • Member
  • Posts: 551
Reply 2 on: Aug 1, 2018
Excellent


ricroger

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Gracias!

 

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

For a complete list of videos, visit our video library