In a multiple regression model, the Durbin-Watson test statistic is 1.3, while the critical lower and upper values are 1.5 and 1.7 respectively. This implies that
AThere is a positive autocorrelationCorrect AnswerIncorrect Answer
BThere is no positive autocorrelationCorrect AnswerIncorrect Answer
CThe test is inconclusive about autocorrelationCorrect AnswerIncorrect Answer
DThere is heteroscedasticity but no autocorrelation.Correct AnswerIncorrect Answer
EThere is negative autocorrelation.Correct AnswerIncorrect Answer
Solution
Because 1.3 < dL = 1.5, there is positive autocorrelation.