Autocorrelation tests (Part 2): Breusch-Godfrey LM test (Excel)

Описание к видео Autocorrelation tests (Part 2): Breusch-Godfrey LM test (Excel)

How one can easily test for serial correlation of lag order higher than one? The Breuch-Godfrey LM (Lagrange multiplier) test is most likely the answer! Today, we are learning how to apply this test in Excel and how to use F and Chi-squared distributions to explicitly test for autocorrelation presence.

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