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Meaning of Durbin-Watson Statistic

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Meaning of Durbin-Watson Statistic





Dependent Variable: APRG1

Included observations: 1756



Variable Coefficient Std. Error t-Statistic Prob.

C 0.000368 0.000176 2.090633 0.0367

EX -0.025575 0.017384 -1.471172 0.1414



R-squared 0.001232 Durbin-Watson stat 1.888259

Meaning of D-W Statistic (cont.)



Dependent Variable: RES

Included observations: 1755



Variable Coefficient Std. Error t-Statistic Prob.

C -1.57E-06 0.000176 -0.008960 0.9929

RES(-1) 0.055831 0.023846 2.341303 0.0193



R-squared 0.003117 Durbin-Watson stat 1.996832



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