[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:

  1. In what type of regression is it likely to occur?
  2. What is bad about autocorrelation in a regression?
  3. What method is used to determine if it exists?
  4. If found in a regression how is it eliminated?

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