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      Question

      ___________ refers to the degree of correlation of the

      same variables between two successive time intervals
      A Autocorrelation Correct Answer Incorrect Answer
      B Heteroscedasticity Correct Answer Incorrect Answer
      C Multicollinearity Correct Answer Incorrect Answer
      D Specification Bias Correct Answer Incorrect Answer

      Solution

      Autocorrelation refers to the degree of correlation of the same variables between two successive time intervals. It measures how the lagged version of the value of a variable is related to the original version of it in a time series.

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