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Basic Question 5 of 6
If the Durbin-Watson statistic falls between dL and dU, we should
B. reject the null hypothesis of no serial correlation.
C. deem the test inconclusive.
A. fail to reject the null hypothesis of no serial correlation.
B. reject the null hypothesis of no serial correlation.
C. deem the test inconclusive.
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
explain serial correlation and how it affects statistical inference;
CFA® 2025 Level II Curriculum, Volume 1, Module 3.