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Paul [167]
3 years ago
14

For a given significance level, if the calculated value of the Durbin Watson statistic lies between the lower critical value and

the upper critical value, _____.a. the hypothesis of no serial correlation is accepted b. the hypothesis of no serial correlation is rejected c. the test is inconclusive d. the hypothesis of heteroskedasticity is accepted
Business
1 answer:
ahrayia [7]3 years ago
6 0

Answer:

c. the test is inconclusive

Explanation:

In statistic, Durbin-Watson statistic test is used for testing the auto correlation present in residual and regression analysis. Auto correlation means it works as lagged correlation between variable's current value and variable's past value. For a given significance level, if the calculated value of the Durbin Watson statistic lies between the lower critical value and the upper critical value <u>the test is inconclusive.</u>

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Dafna1 [17]

Answer:

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5 0
3 years ago
Assuming that the prices of A and B are $1.50 and $1, respectively, and that Mr. Chen has $24 to spend, plot his budget line and
Margarita [4]

Answer:

consume 8 units of A and 12 units of B

Explanation:

given data

prices of A = $1.50

prices of B = $1

Budget constraint = $24

consider data indifference curve

unit A         unit  B

16                 6

12                 8

8                  12

4                  24

solution

As graph, Mr. Chen will buy 8A and 12 B goods.

so Budget constraint is here express as

24 = 8 × $1.50 + 12 × 1.00

so here

MRS = \frac{PB}{PA}  rule  of equilibrium

so here MRS is

MRS = \frac{8}{12}      

\frac{PB}{PA} =  \frac{1.00}{1.50} = \frac{2}{3}  

MRS = \frac{PB}{PA} = \frac{2}{3}

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ladessa [460]

Answer:

c. be lower since the price is lower and equilibrium moves down along the supply curve.

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What is the action called that unreasonably restricts competition and functions against the public interest?
vodomira [7]

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