Q3 Part ( C )  A researcher estimated following model using data for the period 1991-2018   Discuss the nature of autocorrelation in the above model. Which test will you use? Why?

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Q3 Part ( C ) 

A researcher estimated following model using data for the period 1991-2018

 

Discuss the nature of autocorrelation in the above model. Which test will you use? Why?

A researcher estimated following model using data for the period 1991-2018
Ý, = -1.64 + 2.02 X, + 0.73 Y,-1
Se = (3.29) (0.17)
с.
(0.07)
R? = 0.89,
RSS = 1093
d = 2.50
Transcribed Image Text:A researcher estimated following model using data for the period 1991-2018 Ý, = -1.64 + 2.02 X, + 0.73 Y,-1 Se = (3.29) (0.17) с. (0.07) R? = 0.89, RSS = 1093 d = 2.50
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