Hi,
I am new here and I am a second year university student studying economics. Any help here would be great and I thank-you in advance.
I am looking for autocorrelation in my residual which is 0.445..., so it is a positive residual autocorrelation. The problems lies where after commenting on your result the question asks how the result affects your analysis from now on. I dont know what to say after this. What does a positive autocorrelation mean to my analysis???
Thank-you!!!
I am new here and I am a second year university student studying economics. Any help here would be great and I thank-you in advance.
I am looking for autocorrelation in my residual which is 0.445..., so it is a positive residual autocorrelation. The problems lies where after commenting on your result the question asks how the result affects your analysis from now on. I dont know what to say after this. What does a positive autocorrelation mean to my analysis???
Thank-you!!!