Interpreting your output: Suppose your Durbin-Watson statistic is 0.8, and your (adjusted) R-squared is 0.95. It is quite likely that your model_______________________.     plausibly explains most of the variation in the dependent variable     is unreliable because of heteroskedacticity     is unreliable because of serial correlation and a potential spurious relationship among the variables     could benefit from a Laplace transformation

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.2: The Least Square Line
Problem 8E
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Interpreting your output: Suppose your Durbin-Watson statistic is 0.8, and your (adjusted) R-squared is 0.95. It is quite likely that your model_______________________.

   

plausibly explains most of the variation in the dependent variable

   

is unreliable because of heteroskedacticity

   

is unreliable because of serial correlation and a potential spurious relationship among the variables

   

could benefit from a Laplace transformation 

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