[Steps Shown] Define Autocorrelation in the following terms: In what type of regression is it likely to occur? What is bad about autocorrelation in a regression?
Question: Define Autocorrelation in the following terms:
- In what type of regression is it likely to occur?
- What is bad about autocorrelation in a regression?
- What method is used to determine if it exists?
- If found in a regression how is it eliminated?
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