Uploaded February 2014 | Updated September 2026, 2 hours ago
This video explains the intuition behind the Durbin-Watson test of serial correlation, and compares it with the t test introduced in the previous video. The pros and cons of the Durbin-Watson test are also discussed. Check out ben-lambert.com/econometrics-course-problem-sets-and-data for course materials, and information regarding updates on each of the courses. Quite excitingly (for me at least), I am about to publish a whole series of new videos on Bayesian statistics on youtube. See here for information: ben-lambert.com/bayesian Accompanying this series, there will be a book: amazon.co.uk/gp/product/1473916364/ref=pe_3140701_247401851_em_1p_0_ti
This video explains the intuition behind the Durbin-Watson test of serial correlation, and compares it with the t test introduced in the previous video. The pros and cons of the Durbin-Watson test are also discussed. Check out ben-lambert.com/econometrics-course-problem-sets-and-data for course materials, and information regarding updates on each of the courses. Quite excitingly (for me at least), I am about to publish a whole series of new videos on Bayesian statistics on youtube. See here for information: ben-lambert.com/bayesian Accompanying this series, there will be a book: amazon.co.uk/gp/product/1473916364/ref=pe_3140701_247401851_em_1p_0_ti
