Test Serial Correlation In R. This video provides an introduction into testing for the presence of serial correlationautocorrelation in econometrics. Cortestx y methodcpearson kendall spearman where.
Numeric vectors of data. Cortestx y methodcpearson kendall spearman where. The Durbin-Watson statistic is a test for first-order serial correlation.
H 0 null hypothesis.
The test statistic t has the same sign as the correlation coefficient r. If set to NULL the default the observations are assumed to be ordered eg a time series. The type of test statistic to be returned. Serial correlation will not affect the unbiasedness or consistency of OLS estimators but it does affect their efficiency.
