82 Oil Production Data Refer to the oil production data in T

8.2) Oil Production Data: Refer to the oil production data in Table 6.19. The index plot of the residuals obtained after fitting a linear regression of log(OIL) on Year show a clear cyclical pattern.

(A)Compute the Durbin-Watson statistic d. What conclusion regarding the presence of autocorrelation would you draw from d?

(B) Compare the number of runs to their expected value and standard devi ation. What conclusion regarding the presence of autocorrelation would you draw from this comparison?

Can you show me how to do this in R

Table can be found here: http://www.stat.nus.edu.sg/~zhangjt/teaching/textbook/datasets.htm under Chapter 6 crude oil production

8.2) Oil Production Data: Refer to the oil production data in Table 6.19. The index plot of the residuals obtained after fitting a linear regression of log(OIL)

82 Oil Production Data Refer to the oil production data in T

Solution

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