We use the Durbin-Watson d test to determine if there exists serial correlation problem. Which of the following is NOT correct about the test statistic d?

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2. We use the Durbin-Watson d test to determine if there exists serial correlation problem.
Which of the following is NOT correct about the test statistic d?
a. d serves the same role as t ratio in previous hypothesis testing
b. When d is close to 0, p is close to 1, indicating positive serial correlation
c. When d is close to 2, there is negative serial correlation
d. None of above
Transcribed Image Text:2. We use the Durbin-Watson d test to determine if there exists serial correlation problem. Which of the following is NOT correct about the test statistic d? a. d serves the same role as t ratio in previous hypothesis testing b. When d is close to 0, p is close to 1, indicating positive serial correlation c. When d is close to 2, there is negative serial correlation d. None of above
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